To direct the Securities and Exchange Commission to revise section 230.163 of title 17, United States Code, to apply the exemption offered in such section to communications made by underwriters and dealers acting by or on behalf of a well-known seasoned issuer.

United States115th CongressHR-5999House of Representatives
Updated: Jun 5, 2018

Summary

Streamlining Communications for Investors Act This bill directs the Securities and Exchange Commission (SEC) to expand the exemption for well-known seasoned issuers from limitations on communicating with investors about unregistered securities. Specifically, the SEC must expand the exemption to include communications (including offers) made by an underwriter or dealer on behalf of a well-known seasoned issuer.

Bill texts

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Introduced (House)View official text

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Timeline

  1. Introduced in House

  2. Referred to the House Committee on Financial Services.

    House of Representatives

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