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    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 164, Number 94 (Thursday, June 7, 2018)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. BUDD:H.R. 6035.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3, providing the power to``regulate commerce with foreign nations, and among theseveral states.[Page H4980]</pre>]]></constitutionalAuthorityStatementText>
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        <citation>H. Rept. 115-1009</citation>
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        <title>Streamlining Communications for Investors Act</title>
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        <text>Ordered to be Reported by the Yeas and Nays: 31 - 23.</text>
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        <bioguideId>B001305</bioguideId>
        <fullName>Rep. Budd, Ted [R-NC-13]</fullName>
        <firstName>Ted</firstName>
        <lastName>Budd</lastName>
        <party>R</party>
        <state>NC</state>
        <district>13</district>
        <isByRequest>N</isByRequest>
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        <pubDate>2018-09-21T15:01:00Z</pubDate>
        <title>H.R. 6035, Streamlining Communications for Investors Act</title>
        <url>https://www.cbo.gov/publication/54489</url>
        <description>As ordered reported by the House Committee on Financial Services on June 14, 2018</description>
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      <name>Finance and Financial Sector</name>
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        <updateDate>2019-08-07T19:25:36Z</updateDate>
        <text><![CDATA[ <p><b>Streamlining Communications for Investors Act </b></p> <p>This bill directs the Securities and Exchange Commission (SEC) to&nbsp;expand the&nbsp;exemption for well-known seasoned issuers from limitations on communicating&nbsp;with investors about unregistered securities. Specifically, the SEC must expand the exemption to include communications (including offers) made by an underwriter or dealer on behalf of a well-known seasoned issuer.</p>]]></text>
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        <title>To direct the Securities and Exchange Commission to revise section 230.163 of title 17, Code of Federal Regulations, to apply the exemption offered in such section to communications made by underwriters and dealers acting by or on behalf of a well-known seasoned issuer.</title>
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    <latestAction>
      <actionDate>2018-11-02</actionDate>
      <text>Placed on the Union Calendar, Calendar No. 790.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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