summary
Introduced
07/10/2018
07/10/2018
In Committee
07/11/2018
07/11/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Middle Market IPO Underwriting Cost Act This bill directs the Securities and Exchange Commission to report on direct and indirect underwriting costs associated with initial public offerings for small- and medium-sized companies.
AI Summary
This bill directs the Securities and Exchange Commission (SEC) to conduct a study on the direct and indirect costs associated with small- and medium-sized companies undertaking initial public offerings (IPOs), including fees paid to underwriters, compliance with securities laws, and other IPO-related expenses. The study will compare IPO costs to alternative financing and liquidity options, analyze the impact on capital formation and the availability of public securities to retail investors, and examine trends in IPO pricing and the services provided by underwriters. The SEC is required to report its findings and any recommendations to Congress within 360 days of the bill's enactment.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Placed on the Union Calendar, Calendar No. 685. (on 08/03/2018)
Official Document
bill text
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bill summary
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