S.3922: Unlocking Capital for Small Businesses Act of 2022

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Bill Summary

Unlocking Capital for Small Businesses Act of 2022 This bill revises the regulatory treatment of private-placement brokers (brokers who receive transaction-based compensation for the sale of securities to preselected individuals or institutions) and finders (private-placement brokers who do not exceed a specified amount of compensation, transaction value, or number of transactions in a year). Specifically, the bill (1) requires the Securities...

(Source: Library of Congress)

Bill Actions

Date Description
April 5, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held.
March 24, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
March 24, 2022

Introduced in the Senate by Kevin Cramer (R-N.D.)

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