Sec. 103. Amendment for crowdfunding capital enhancement and small-business support
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Section 4A of the Securities Act of 1933 ( 15 U.S.C. 77d–1 ) is amended— in subsection (b)(1)(D), by striking $100,000 each place such term appears and inserting $250,000 ; and by adding at the end the following: The Commission may increase the amount specified in subsections (b)(1)(D)(i) and (b)(1)(D)(ii) from $250,000 to an amount not greater than $400,000 upon the recommendation of the Office of the Advocate for Small Business Capital Formation and the Office of the Investor Advocate. .
The Securities Act of 1933 ( 15 U.S.C. 77a et seq. ) is amended— in section 4A— by striking section 4(6) each place such term appears and inserting section 4(a)(6) ; and by striking section 4(6)(B) each place such term appears and inserting section 4(a)(6)(B) ; in section 16(f)(3), by striking section 4(2) and inserting section 4(a)(2) ; and in section 18— in subsection (b)(4)— in subparagraph (B), by striking section 4(4) and inserting section 4(a)(4) ; in subparagraph (C), by striking section 4(6) and inserting section 4(a)(6) ; and in subparagraph (F), by striking section 4(2) each place such term appears and inserting section 4(a)(2) ; and in subsection (c)(1)(B), by striking section 4(6) and inserting section 4(a)(6) ;
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- 15 USC 77d–1
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Sec. 103
Amendment for crowdfunding capital enhancement and small-business support
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