Small Business Revitalization and Job Growth Act of 1992

[AI summary unavailable — showing source text] Small Business Revitalization and Job Growth Act of 1992 - Title I: Amendments to Securities Acts - Amends the Securities Act of 1933 to increase from $5,000,000 to $10,000,000 the aggregate amount of an issue of securities that may be exempted by the Securities and Exchange Commission (SEC) from the regulatory requirements of such Act. Amends the Investment Company Act of 1940 (the ICA) to exempt from the definition of an investment company any securities issuer whose outstanding securities are owned exclusively by persons who, at the time of acquisition, are qualified purchasers, except that such issuer shall be deemed an investment company for purposes of limitations governing the purchase by such issuer of any security issued by a registered investment company and the sale of any security issued by a registered open-end investment company to such issuer. Defines as a "qualified purchaser" under the ICA any person whom the SEC has determined does not need the protections of the ICA, taking into consideration financial sophistication, net worth, and certain other financial knowledge and experience. Revises the definition of the beneficial ownership of securities for purposes of t…