Date: December 7, 2017
Issue: SEC
To: Members of the House of Representatives
Filing Type: Letter
Details: The U.S. Chamber of Commerce sent a letter to all Representatives in support of H.R. 477, the "Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2017." This would simplify SEC registration requirements and provide a safe harbor for certain financial professionals who assist small and mid-size businesses that are looking to transfer corporate ownership.