HR 2899
116th Congress
House
Finance and Financial Sector
Banking and financial institutions regulation
Business investment and capital
Executive agency funding and structure
Government information and archives
Licensing and registrations
Securities
Securities and Exchange Commission (SEC)
Main Street Growth Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2019
Referred to the House Committee on Financial Services.
May 22, 2019
Introduced in House
Plain-English summary
Main Street Growth Act
This bill allows for the registration of national venture securities exchanges for the purpose of trading the securities of certain small companies, such as startups and emerging growth companies. Individuals and existing national securities exchanges may apply to the Securities and Exchange Commission for approval to register such an exchange, or to register a listing tier within an existing exchange.
The bill sets forth requirements for these venture exchanges, including required disclosures, trading limits, and trading privileges.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1