We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.