House Panel Approves Bill Lifting Reg A+ IPO Limit To $75M

Law360, New York (November 16, 2017, 9:32 PM EST) -- A House of Representatives panel approved a bill Wednesday that would raise the limit on so-called Reg A+ offerings from $50 million to $75 million, a proposal that some securities attorneys say could broaden the appeal of the novel capital-raising method if it becomes law.

The House Financial Services Committee passed the “Regulation A+ Improvement Act of 2017” by a 37-23 vote, mostly along party lines with three Democrats joining unanimous Republicans. It wasn’t immediately clear if and when the full House will take up the...
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