S.Amdt. 1937

SA 1937. Ms. LANDRIEU submitted an amendment intended to be proposed
to amendment SA 1833 proposed by Mr. Reid (for Mr. Reed (for himself,
Ms. Landrieu, Mr. Levin, Mr. Brown of Ohio, Mr. Merkley, Mr. Akaka, Mr.
Whitehouse, Mr. Franken, Mr. Harkin, Mr. Durbin, and Mrs. Shaheen)) to
the bill H.R. 3606, to increase American job creation and economic
growth by improving access to the public capital markets for emerging
growth companies; which was ordered to lie on the table; as follows:

Strike section 602 and insert the following:

SEC. 602. THRESHOLD FOR REGISTRATION.

Section 12(g)(1) of the Securities Exchange Act of 1934 (15
U.S.C. 78l(g)(1)) is amended by striking ``shall--'' and all
that follows through ``register such'' and inserting ``shall,
not later than 120 days after the last day of any fiscal year
of the issuer on which the issuer has total assets exceeding
$10,000,000 and a class of equity securities (other than an
exempted security) held of record by 750 or more persons (or,
in the case of an issuer that is a bank or a bank holding
company, as such term is defined in section 2 of the Bank
Holding Company Act of 1956 (12 U.S.C. 1841), by 2,000 or
more persons), register such''.
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