HR 3768 · 116th Congress · Finance and Financial Sector

Unlocking Capital for Small Businesses Act of 2019

Introduced 2019-07-16· Sponsored by Rep. Budd, Ted [R-NC-13]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2019-07-16)

Plain Language Summary

[AI summary unavailable — showing source text] Unlocking Capital for Small Businesses Act of 2019 This bill (1) requires the Securities and Exchange Commission to establish registration requirements for private-placement brokers that are no more stringent than those imposed on crowdfunding portals, (2) allows for membership in any national securities association for private-placement brokers, and (3) otherwise modifies provisions related to private-placement brokers and finders.…

Summarized by Claude AI · Non-partisan · For informational purposes only