Sec. 1. Short title; table of contents
433 words·~2 min read·
/bill/118/hr/2799/eh/section-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
This Act may be cited as the . Expanding Access to Capital Act of 2023 The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Division A—Strengthening Public Markets Title I—Remove Aberrations in the Market Cap Test for Target Company Financial Statements Sec. 1101. Avoiding aberrational results in requirements for acquisition and disposition financial statements. Title II—Helping Startups Continue To Grow Sec. 1201. Short title. Sec. 1202. Emerging growth company criteria.
Title III—SEC and PCAOB Auditor Requirements for Newly Public Companies Sec. 1301. Auditor independence for certain past audits occurring before an issuer is a public company. Title IV—Expand the Protection for Research Reports to Cover All Securities of All Issuers Sec. 1401. Provision of research. Title V—Exclude QIBs and IAAs from the Record Holder Count for Mandatory Registration Sec. 1501. Exclusions from mandatory registration threshold. Title VI—Expand WKSI Eligibility Sec. 1601.
Definition of well-known seasoned issuer. Division B—Helping Small Businesses and Entrepreneurs Title I—Unlocking Capital for Small Businesses Sec. 2101. Short title. Sec. 2102. Safe harbors for private placement brokers and finders. Sec. 2103. Limitations on State law. Title II—Small Business Investor Capital Access Sec. 2201. Short title. Sec. 2202. Inflation adjustment for the exemption threshold for certain investment advisers of private funds. Title III—Improving Capital Allocation for Newcomers Sec. 2301.
Short title. Sec. 2302. Qualifying venture capital funds. Title IV—Small Entrepreneurs’ Empowerment and Development Sec. 2401. Short title. Sec. 2402. Micro-offering exemption. Title V—Regulation A+ Improvement Sec. 2501. Short title. Sec. 2502. JOBS Act-related exemption. Title VI—Developing and Empowering our Aspiring Leaders Sec. 2601. Short title. Sec. 2602. Definitions. Sec. 2603. Reports. Title VII—Improving Crowdfunding Opportunities Sec. 2701. Short title. Sec. 2702. Crowdfunding revisions.
Title VIII—Restoring the Secondary Trading Market Sec. 2801. Short title. Sec. 2802. Exemption from State regulation. Division C—Increasing Access to Private Markets Title I—Gig Worker Equity Compensation Sec. 3101. Short title. Sec. 3102. Extension of Rule 701. Sec. 3103. GAO study. Title II—Investment Opportunity Expansion Sec. 3201. Short title. Sec. 3202. Investment thresholds to qualify as an accredited investor. Title III—Risk Disclosure and Investor Attestation Sec. 3301.
Short title. Sec. 3302. Investor attestation. Title IV—Accredited investors include individuals receiving advice from certain professionals Sec. 3401. Accredited investors include individuals receiving advice from certain professionals. Division D—Helping Angels Lead Our Startups Sec. 4001. Clarification of general solicitation. Division E—Improving Disclosure for Investors Sec. 5001. Short title. Sec. 5002. Electronic delivery. Division F—Enhancement of 403
(b)plans Sec. 6101. Short title. Sec. 6102. Enhancement of 403
(b)plans. Division G—Increasing Investor Opportunities Sec. 7001. Closed-end company authority to invest in private funds.