3.0.0 1010 2023-01-11T13:27:28Z 2023-01-11T13:27:28Z Senate S 2015-04-20 114 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2015-04-20T19:25:53Z Promoting Job Creation and Reducing Small Business Burdens Act 114 37 HR 2015-01-16 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015 114 686 HR 2016-01-28 Placed on the Union Calendar, Calendar No. 303. Related bill CRS Capital Markets Improvement Act of 2016 114 1675 HR 2016-02-04 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Financial CHOICE Act of 2016 114 5983 HR 2016-12-20 Placed on the Union Calendar, Calendar No. 693. Related bill CRS 2015-04-20 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2015-04-20 Introduced in Senate IntroReferral 10000 9 Library of Congress M001183 Sen. Manchin, Joe, III [D-WV] Joseph Manchin D WV N V000127 Sen. Vitter, David [R-LA] David Vitter R LA 2015-04-20 True L000575 Sen. Lankford, James [R-OK] James Lankford R OK 2016-02-22 False S001184 Sen. Scott, Tim [R-SC] Tim Scott R SC 2016-11-15 False Finance and Financial Sector Banking and financial institutions regulation Business records Corporate finance and management Licensing and registrations Securities Small business Finance and Financial Sector 00 2015-04-20 Introduced in Senate 2015-05-07T20:08:07Z Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015

Amends the Securities Exchange Act of 1934 to exempt from its registration requirements certain merger and acquisition brokers and associated persons.

Denies such registration exemption, however, to brokers who: (1) receive, hold, transmit, or have custody of any funds or securities to be exchanged by parties to a transfer of ownership of an eligible privately held company; (2) engage on behalf of an issuer in a public offering of securities that are either subject to mandatory registration, or with respect to which the issuer must file periodic information, documents, and reports; (3) engage on behalf of any party in a transaction involving a public shell company; or (4) are subject to suspension or revocation of registration, or to certain statutory disqualifications, or to certain final orders.

Prohibits this Act from being construed to limit any other authority of the Securities and Exchange Commission to exempt any person, or any class of persons, from any provision of this Act, including any related rule or regulation.

]]> Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015 Display Title Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015 Official Title as Introduced A bill to amend the Securities Exchange Act of 1934 to exempt from registration brokers performing services in connection with the transfer of ownership of smaller privately held companies. Introduced in Senate IS Short Titles as Introduced Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015 Introduced in Senate 2015-04-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1010is/xml/BILLS-114s1010is.xml 2015-04-20 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.