H.R.2899 - Main Street Growth Act116th Congress (2019-2020)
|Sponsor:||Rep. Emmer, Tom [R-MN-6] (Introduced 05/22/2019)|
|Committees:||House - Financial Services|
|Latest Action:||House - 05/22/2019 Referred to the House Committee on Financial Services. (All Actions)|
This bill has the status Introduced
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Summary: H.R.2899 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (05/22/2019)
Main Street Growth Act
This bill allows for the registration of national venture securities exchanges for the purpose of trading the securities of certain small companies, such as startups and emerging growth companies. Individuals and existing national securities exchanges may apply to the Securities and Exchange Commission for approval to register such an exchange, or to register a listing tier within an existing exchange.
The bill sets forth requirements for these venture exchanges, including required disclosures, trading limits, and trading privileges.