H.R. 2576

To amend the Securities Act of 1933 to expand the research report exception to include reports about any issuer that undertakes a proposed offering of public securities.

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I

118th CONGRESS

1st Session

H. R. 2576

IN THE HOUSE OF REPRESENTATIVES

April 13, 2023

Mr. Williams of Texas introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend the Securities Act of 1933 to expand the research report exception to include reports about any issuer that undertakes a proposed offering of public securities.

1.

Provision of research

Section 2(a)(3) of the Securities Act of 1933 (15 U.S.C. 77b(a)(3)) is amended—

(a)

by striking an emerging growth company and inserting an issuer;

(b)

by striking the common equity and inserting any; and

(c)

by striking such emerging growth company and inserting such issuer.