Bill > HR5051

This bill, the Public Company Registration Threshold Act, amends the Securities Exchange Act of 1934 to increase the shareholder threshold for companies to register with the Securities and Exchange Commission (SEC). Specifically, it raises the threshold from 300 shareholders to 1,200 shareholders before a company must register its securities. It also requires the SEC to index the $10 million asset threshold for inflation every 5 years. The goal of the bill is to reduce the regulatory burden on smaller public companies and encourage more companies to go public.

Business and Industry

https://www.congress.gov/bill/115th-congress/house-bill/5051/all-info