US SB2306 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on July 29 2019 - 25% progression, died in committee
Action: 2019-07-29 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allows for the registration of national venture securities exchanges for the purpose of trading the securities of certain small companies, such as startups and emerging growth companies. Individuals and existing national securities exchanges may apply to the Securities and Exchange Commission for approval to register such an exchange, or to register a listing tier within an existing exchange. The bill sets forth requirements for these venture exchanges, including required disclosures, trading limits, and trading privileges.

Tracking Information

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Title

Main Street Growth Act

Sponsors


History

DateChamberAction
2019-07-29SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Same As/Similar To

HB2899 (Related) 2019-05-22 - Referred to the House Committee on Financial Services.

Subjects


US Congress State Sources


Bill Comments

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