Ask AI
S. 2347

Encouraging Public Offerings Act of 2018

Encouraging Public Offerings Act of 2018

This bill amends the Securities Act of 1933 to allow an issuer of securities to communicate with potential investors to ascertain interest in a contemplated securities offering, either before or after the filing of a registration statement (i.e., "test the waters"). Under current law, only emerging growth companies may engage in such communications.

The bill also allows an issuer to submit a confidential draft registration statement to the Securities and Exchange Commission for review prior to public filing or within one year after the initial public offering or registration.

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.

Sen. Tillis, Thomas [R-NC](R-NC)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions2related bills3subjects
  1. Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  3. IntroReferral10000

    Introduced in Senate

Encouraging Public Offerings Act of 2018 — Informed