S.2306 - Main Street Growth Act116th Congress (2019-2020) |
|Sponsor:||Sen. Kennedy, John [R-LA] (Introduced 07/29/2019)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||Senate - 07/29/2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.2306 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (07/29/2019)
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.