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S 3916 117th Congress Senate Finance and Financial Sector

Increasing Opportunities for Retail Investors Act

Introduced: March 24, 2022 Introduced by: Rounds, Mike Republican · South Dakota See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Mar 24, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 24, 2022
Introduced in Senate
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 Plain-English summary Congressional Research Service

Increasing Opportunities for Retail Investors Act

This bill expands the exemptions from registration requirements applicable to companies offering or selling securities. In general, the Securities and Exchange Commission (SEC) prohibits the offering or selling of securities unless the offering is registered with the SEC or it qualifies for an exemption.

Specifically, the bill increases the annual offering limit applicable to the crowdfunding exemption from $1 million to $5 million. The bill also allows the SEC to increase through rulemaking the dollar threshold or limit applicable to other types of offerings, including offerings for small- and medium-sized companies.

Additionally, the bill increases the offering limit applicable to small securities offerings and provides for adjustments to this limit in line with inflation.

What's happening now March 24, 2022

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

 Related & companion bills 1
  • HR 9452 Related bill Regulation A+ Improvement Act of 2022
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 3916: Increasing Opportunities for Retail Investors Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-3916/
MLA
"S. 3916: Increasing Opportunities for Retail Investors Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-3916/.
Bluebook (legal)
S. 3916, 117th Cong. (2026), https://openamerica.io/bill/117-S-3916/.
Markdown link
[S. 3916: Increasing Opportunities for Retail Investors Act](https://openamerica.io/bill/117-S-3916/)
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