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Code · BILL · 118th Congress · H.R. 2799 (Introduced in House) — To make reforms to the capital markets of the United States, and for other purposes. · Sec. 1701

Sec. 1701. Exclusions from mandatory registration threshold

89 words·~1 min read·/bill/118/hr/2799/ih/section-1701

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Section 12(g)(1) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78l(g)(1) ) is amended— in subparagraph (A)(i), by inserting after persons the following: (that are not a qualified institutional buyer or an institutional accredited investor) ; and in subparagraph (B), by inserting after persons the following: (that are not a qualified institutional buyer or an institutional accredited investor) . Section 36 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78mm ) shall not apply to the matter inserted by the amendments made by subsection (a).
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