House Bills Could Make IPOs And Private Offerings Easier
Law360, New York (November 3, 2017, 8:45 PM EDT) -- The House of Representatives has passed a pair of bills aimed at making initial public offerings easier while also expanding the population eligible to invest in pre-IPO companies, moves that attorneys say could modestly benefit capital raising if they pass the Senate.
The first bill, the Encouraging Public Offerings Act of 2017, passed Wednesday on a 419-0 vote. It takes certain benefits created by the Jumpstart Our Business Startups Act that were originally targeted for smaller, "emerging growth" companies and applies them to all issuers.
The same day, the House passed by voice vote the Fair Investment Opportunities for Professionals Act....
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