Accelerating Access to Capital Act of 2017

Bill 115 hr 4529, also known as the Accelerating Access to Capital Act of 2017, aims to make it easier for small businesses to access capital by streamlining the registration process for securities offerings. The bill was introduced in the House of Representatives on November 30, 2017.

The main provisions of the bill include increasing the threshold for securities offerings that are exempt from registration with the Securities and Exchange Commission (SEC) from $5 million to $10 million. This means that small businesses looking to raise capital through securities offerings would not have to go through the costly and time-consuming process of registering with the SEC if their offering is below the $10 million threshold.

Additionally, the bill would require the SEC to review and update its regulations related to securities offerings every five years to ensure that they are keeping pace with changes in the market and technology. This would help to ensure that small businesses are not burdened by outdated regulations that may hinder their ability to raise capital. Overall, the Accelerating Access to Capital Act of 2017 aims to make it easier for small businesses to access the capital they need to grow and create jobs. By streamlining the registration process for securities offerings and updating regulations to reflect changes in the market, the bill seeks to promote economic growth and innovation in the small business sector.