Manager's amendment makes sundry technical and conforming changes.

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Amendment Number
850
Description
Manager's amendment makes sundry technical and conforming changes.
Purpose
An amendment numbered 1 printed in Part A of House Report 112-265 to make technical corrections. It also requires the issuer to state a target offering amount and a deadline to reach the target offering amount. It requires that the Securities and Exchange Commission is provided a notice upon completion of the offering, which shall include the aggregate offering amount and the number of purchasers. Clarifies the disqualification provision to ensure that both issuers and intermediaries, as well as their predecessors, affiliates, officers, directors, or persons fulfilling similar roles, are disqualified from the exemption established in this bill should they have a history of committing securities fraud.
Congress
112
Type
HAMDT
Latest Action Date
Nov 3, 2011
Latest Action Text
On agreeing to the McHenry amendment (A001) Agreed to by voice vote.
Latest Action Time
16:33:55
Submitted Date
Nov 3, 2011
Chamber
House of Representatives
Update Date
Feb 2, 2022
Amendment 850 — Informed