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S 1010 114th Congress Senate Finance and Financial Sector Banking and financial institutions regulation Business records Corporate finance and management Licensing and registrations Securities Small business

Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015

Introduced: April 20, 2015 See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 20, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 20, 2015
Introduced in Senate
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 Plain-English summary Congressional Research Service

Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015

Amends the Securities Exchange Act of 1934 to exempt from its registration requirements certain merger and acquisition brokers and associated persons.

Denies such registration exemption, however, to brokers who: (1) receive, hold, transmit, or have custody of any funds or securities to be exchanged by parties to a transfer of ownership of an eligible privately held company; (2) engage on behalf of an issuer in a public offering of securities that are either subject to mandatory registration, or with respect to which the issuer must file periodic information, documents, and reports; (3) engage on behalf of any party in a transaction involving a public shell company; or (4) are subject to suspension or revocation of registration, or to certain statutory disqualifications, or to certain final orders.

Prohibits this Act from being construed to limit any other authority of the Securities and Exchange Commission to exempt any person, or any class of persons, from any provision of this Act, including any related rule or regulation.

What's happening now April 20, 2015

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Related & companion bills 4
  • HR 37 Related bill Promoting Job Creation and Reducing Small Business Burdens Act
  • HR 686 Related bill Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015
  • HR 1675 Related bill Capital Markets Improvement Act of 2016
  • HR 5983 Related bill Financial CHOICE Act of 2016
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
Scott, Tim
South Carolina · Nov 15, 2016
 R
Lankford, James
Oklahoma · Feb 22, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1010: Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-S-1010/
MLA
"S. 1010: Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-1010/.
Bluebook (legal)
S. 1010, 114th Cong. (2026), https://openamerica.io/bill/114-S-1010/.
Markdown link
[S. 1010: Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015](https://openamerica.io/bill/114-S-1010/)
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