Small Entity Update Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 4400 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 4400 To require the Securities and Exchange Commission to carry out a study and rulemaking on the definition of the term ``small entity'' for purposes of the securities laws, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 23, 2024 Mrs. Britt introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To require the Securities and Exchange Commission to carry out a study and rulemaking on the definition of the term ``small entity'' for purposes of the securities laws, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Small Entity Update Act''. SEC. 2. STUDIES, REPORTS, AND RULES REGARDING SMALL ENTITIES. (a) Definitions.--In this section-- (1) the term ``Commission…