Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2014

Hozzl · 2024-03-14T12:48:53Z

Explore the details of House Bill 2274 Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2014 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

3/14/2024, 12:48 PM

Congressional Summary of HR 2274

Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2014 - Amends the Securities Exchange Act of 1934 to exempt from its registration requirements certain merger and acquisition (M&A) brokers and associated persons.

Denies such registration exemption, however, to brokers who: (1) receive, hold, transmit, or have custody of any funds or securities to be exchanged by parties to a transfer of ownership of an eligible privately held company; or (2) engage on behalf of an issuer in a public offering of securities that are either subject to mandatory registration, or with respect to which the issuer must file periodic information, documents, and reports.

Prohibits the construction of this Act to limit any other authority of the Securities and Exchange Commission (SEC) to exempt any person, or any class of persons, from any provision of this Act, including any related rule or regulation.

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Current Status of Bill HR 2274

Bill HR 2274 is currently in the status of Bill Introduced since June 6, 2013. Bill HR 2274 was introduced during Congress 113 and was introduced to the House on June 6, 2013. Bill HR 2274's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of January 15, 2014

Bipartisan Support of Bill HR 2274

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2274

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

Administrative law and regulatory proceduresBanking and financial institutions regulationBusiness recordsCorporate finance and managementFinancial services and investmentsGovernment information and archivesLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)Small business

Alternate Title(s) of Bill HR 2274

Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2014To amend the Securities Exchange Act of 1934 to provide for a notice-filing registration procedure for brokers performing services in connection with the transfer of ownership of smaller privately held companies and to provide for regulation appropriate to the limited scope of the activities of such brokers.Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2013Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2014To amend the Securities Exchange Act of 1934 to exempt from registration brokers performing services in connection with the transfer of ownership of smaller privately held companies.

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