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Bill > S3723


US S3723

US S3723
Main Street Growth Act


summary

Introduced
12/06/2018
In Committee
12/06/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Main Street Growth Act

AI Summary

This bill amends the Securities Exchange Act of 1934 to allow for the registration of "venture exchanges" - specialized exchanges focused on trading securities of early-stage, growth companies and emerging growth companies. Key provisions include defining the criteria for qualifying as a "venture security", outlining the registration and regulatory requirements for venture exchanges, and exempting venture securities from certain disclosure and trading restrictions. The bill aims to facilitate capital formation and provide a dedicated trading platform for smaller, growth-oriented companies.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 12/06/2018)

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