To amend the Securities Act of 1933 to exempt from registration with the Securities and Exchange Commission certain accredited investor transactions within transparent secondary markets, and for other purposes.

IPO Pipeline Act This bill amends the Securities Act of 1933 to exempt from Securities and Exchange Commission registration requirements certain secondary-market transactions that meet specified requirements, including that all parties involved in the transaction be accredited investors, affiliates of the issuer, or employees of the issuer.