Unlocking Capital for Small Businesses Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 4493 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 4493 To amend the Securities Exchange Act of 1934 to create a safe harbor for finders and private placement brokers, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES June 11, 2024 Mr. Cramer introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To amend the Securities Exchange Act of 1934 to create a safe harbor for finders and private placement brokers, 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 ``Unlocking Capital for Small Businesses Act of 2024''. SEC. 2. SAFE HARBORS FOR PRIVATE PLACEMENT BROKERS AND FINDERS. (a) In General.--Section 15 of the Securities Exchange Act of 1934 (15 U.S.C. 78o) is amended by adding at the end the following: ``(p) Private Pla…