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HR 3768 116th Congress House Finance and Financial Sector Business investment and capital Financial services and investments Licensing and registrations Securities

Unlocking Capital for Small Businesses Act of 2019

Introduced: July 16, 2019 Introduced by: Budd, Ted Republican · North Carolina See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Jul 16, 2019
Referred to the House Committee on Financial Services.
Jul 16, 2019
Introduced in House
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 Plain-English summary Congressional Research Service

Unlocking Capital for Small Businesses Act of 2019

This bill (1) requires the Securities and Exchange Commission to establish registration requirements for private-placement brokers that are no more stringent than those imposed on crowdfunding portals, (2) allows for membership in any national securities association for private-placement brokers, and (3) otherwise modifies provisions related to private-placement brokers and finders.

What's happening now July 16, 2019

Referred to the House Committee on Financial Services.

 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. 3768: Unlocking Capital for Small Businesses Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-3768/
MLA
"H.R. 3768: Unlocking Capital for Small Businesses Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-3768/.
Bluebook (legal)
H.R. 3768, 116th Cong. (2026), https://openamerica.io/bill/116-HR-3768/.
Markdown link
[H.R. 3768: Unlocking Capital for Small Businesses Act of 2019](https://openamerica.io/bill/116-HR-3768/)
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