[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2357 Reported in House (RH)]

<DOC>





                                                 Union Calendar No. 386
114th CONGRESS
  2d Session
                                H. R. 2357

                          [Report No. 114-506]

To direct the Securities and Exchange Commission to revise Form S-3 so 
    as to add listing and registration of a class of common equity 
securities on a national securities exchange as an additional basis for 
satisfying the requirements of General Instruction I.B.1. of such form 
and to remove such listing and registration as a requirement of General 
                    Instruction I.B.6. of such form.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 15, 2015

 Mrs. Wagner introduced the following bill; which was referred to the 
                    Committee on Financial Services

                             April 19, 2016

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed


_______________________________________________________________________

                                 A BILL


 
To direct the Securities and Exchange Commission to revise Form S-3 so 
    as to add listing and registration of a class of common equity 
securities on a national securities exchange as an additional basis for 
satisfying the requirements of General Instruction I.B.1. of such form 
and to remove such listing and registration as a requirement of General 
                    Instruction I.B.6. of such form.


 


    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Accelerating Access to Capital Act 
of 2015''.

SEC. 2. EXPANDED ELIGIBILITY FOR USE OF FORM S-3.

    Not later than 45 days after the date of the enactment of this Act, 
the Securities and Exchange Commission shall revise Form S-3--
            (1) so as to permit securities to be registered pursuant to 
        General Instruction I.B.1. of such form provided that either--
                    (A) the aggregate market value of the voting and 
                non-voting common equity held by non-affiliates of the 
                registrant is $75,000,000 or more; or
                    (B) the registrant has at least one class of common 
                equity securities listed and registered on a national 
                securities exchange; and
            (2) so as to remove the requirement of paragraph (c) from 
        General Instruction I.B.6. of such form.
                                                 Union Calendar No. 386

114th CONGRESS

  2d Session

                               H. R. 2357

                          [Report No. 114-506]

_______________________________________________________________________

                                 A BILL

To direct the Securities and Exchange Commission to revise Form S-3 so 
    as to add listing and registration of a class of common equity 
securities on a national securities exchange as an additional basis for 
satisfying the requirements of General Instruction I.B.1. of such form 
and to remove such listing and registration as a requirement of General 
                    Instruction I.B.6. of such form.

_______________________________________________________________________

                             April 19, 2016

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed