S-3576 : Still Just a Bill

Developing and Empowering our Aspiring Leaders Act of 2018

This bill directs the Securities and Exchange Commission (SEC) to exempt certain investments by venture capital funds from SEC registration requirements; specifically, the bill exempts investments in equity securities acquired in a secondary acquisition.

Action Timeline

Action DateTypeTextSource
2018-10-11IntroReferralRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2018-10-11IntroReferralIntroduced in SenateLibrary of Congress

Sponsor :

Sen. Rounds, Mike [R-SD]
See Cosponsors

Policy Area :

Finance and Financial Sector
See Subjects
  • Banking and financial institutions regulation
  • Business investment and capital
  • Financial services and investments
  • Licensing and registrations
  • Securities
  • Securities and Exchange Commission (SEC)

Related Bills

See Related Bills