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HR 6127 115th Congress House

Unlocking Capital for Small Businesses Act of 2018

Official title: To amend the Securities Exchange Act of 1934 to create a safe harbor for finders and private placement brokers, and for other purposes.

Introduced: June 15, 2018 Introduced by: Budd, Ted Republican · North Carolina See on congress.gov
Finance and Financial Sector Business investment and capitalFinancial services and investmentsLicensing and registrationsSecurities
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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
Jun 15, 2018
Referred to the House Committee on Financial Services.
Jun 15, 2018
Introduced in House
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 Latest action June 15, 2018

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Unlocking Capital for Small Businesses Act of 2018

This bill (1) requires the Securities and Exchange Commission to establish registration requirements for private-placement brokers and finders that are no more stringent than those imposed on crowdfunding portals, and (2) otherwise modifies provisions related to private-placement brokers and finders.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 6127: Unlocking Capital for Small Businesses Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-HR-6127/
MLA
"H.R. 6127: Unlocking Capital for Small Businesses Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-6127/.
Bluebook (legal)
H.R. 6127, 115th Cong. (2026), https://openamerica.io/bill/115-HR-6127/.
Markdown link
[H.R. 6127: Unlocking Capital for Small Businesses Act of 2018](https://openamerica.io/bill/115-HR-6127/)
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