HR 7067
116th Congress
House
Finance and Financial Sector
Financial services and investments
Government information and archives
Securities
Encouraging Public Offerings Act of 2020
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 1, 2020
Referred to the House Committee on Financial Services.
Jun 1, 2020
Introduced in House
Plain-English summary
Encouraging Public Offerings Act of 2020
This bill allows an issuer of securities to communicate with potential investors to ascertain interest in a contemplated securities offering, either before or after the filing of a registration statement (i.e., test the waters). Under current law, only emerging growth companies may engage in such communications.
The bill also allows an issuer to submit a confidential draft registration statement to the Securities and Exchange Commission for review prior to public filing or within one year after the initial public offering or registration.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1