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.
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.
Financial services and investmentsLicensing and registrationsSecurities
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.
USA115th CongressHR-5999| House
| Updated: 6/5/2018
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.