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Code · BILL · 115th Congress · H.R. 4562 (Introduced in House) — To provide relief to community banks, to promote access to capital for community banks, and for other purposes. · Sec. 4

Sec. 4. Regulation D changes

46 words·~1 min read·/bill/115/hr/4562/ih/section-4·

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Not later than 90 days after the date of enactment of this Act, the Securities and Exchange Commission shall revise section 230.506(b)(2)(i) of title 17, Code of Federal Regulations, to change the limitation on the number of purchasers contained in the section from 35 to 70.
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