SECURITIES ACT

Bills and resolutions

Financial Accounting Standards Board: comply with Administrative Procedure Act and Government in the Sunshine Act, conduct cost-benefit analysis on accounting standards, and require head to testify before Congress (see H.R. 6726), H6859 [12DE]

Investments: permit individuals to invest in private issuers upon acknowledging investment risks (see H.R. 1574), H1284 [14MR]

SEC: add additional investment thresholds for individual to qualify as accredited investor (see H.R. 2652), H1759 [17AP]

——— amend definition of accredited investor (see H.R. 1579), H1285 [14MR]

——— amend definition of accredited investor to include individuals receiving advice from certain professionals (see H.R. 2773), H1908 [20AP]

——— codify certain qualifications of individuals as accredited investors for purposes of securities laws (see H.R. 835), H708 [6FE]

——— exempt off-exchange secondary trading from State regulation where such trading is with respect to securities of issuer that makes publicly available certain current information (see H.R. 2506), H1708 [6AP]

——— expand ability to use testing the waters and confidential draft registration submissions to encourage initial public offerings (see S. 3030), S4948 [4OC] (see H.R. 2793), H1909 [20AP]

——— expand research report exception to include reports about any issuer that undertakes proposed offering of public securities (see H.R. 2576), H1724 [13AP]

——— preempt State securities law requiring registration for secondary transactions (see H.R. 2607), H1725 [13AP]

——— raise offering amount threshold for when issuers using crowdfunding exemption are required to file financial statements reviewed by public accountant who is independent of issuer (see H.R. 6825), H6985 [14DE]

——— require corporations to publicly disclose financial reporting on country-by-country basis to provide transparency on use of tax havens or offshoring jobs (see S. 638), S636 [2MR] (see H.R. 4938), H4030 [26JY]

——— require that information required to be disclosed by issuers be material to investors of those issuers (see S. 2005), S2122 [15JN] (see H.R. 4168), H2957 [15JN]

——— support current definition of materiality in securities laws and oppose new disclosure requirements outside core mission (see H. Res. 32), H234 [12JA]

Small business: amend laws relative to small company capital formation (see H.R. 2651), H1759 [17AP]

Remarks in House

SEC: amend definition of accredited investor (H.R. 1579), H2719–H2721 [5JN]

——— codify certain qualifications of individuals as accredited investors for purposes of securities laws (H.R. 835), H2717–H2719 [5JN]

——— expand ability to use testing the waters and confidential draft registration submissions to encourage initial public offerings (H.R. 2793), H2727–H2729 [5JN]

Reports filed

Accredited Investor Definition Review Act: Committee on Financial Services (House) (H.R. 1579) (H. Rept. 118–92), H2739 [5JN]

Encouraging Public Offerings Act: Committee on Financial Services (House) (H.R. 2793) (H. Rept. 118–90), H2739 [5JN]

Fair Investment Opportunities for Professional Experts Act: Committee on Financial Services (House) (H.R. 835) (H. Rept. 118–87), H2739 [5JN]

Texts of

H.R. 835, Fair Investment Opportunities for Professional Experts Act, H2717 [5JN]

H.R. 1579, Accredited Investor Definition Review Act, H2719 [5JN]

H.R. 2793, Encouraging Public Offerings Act, H2727 [5JN]