Encouraging Public Offerings Act of 2019
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Feb 25, 2019)
Encouraging Public Offerings Act of 2019
This bill allows 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.
What just happenedFeb 25, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateFeb 25, 2019
- Feb 25, 2019IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Feb 25, 2019IntroReferral10000
Introduced in Senate