Date: January 14, 2014
Issue: SEC Reform
To: The Members of the U.S. House of Representatives
Filing Type: Regulatory Reform
Description: The Chamber sent a letter to the House of Representatives supporting H.R. 2274, the “Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act.” H.R. 2277 would permit mergers and acquisitions brokers, to the extent that these brokers limit their activities to transactions involving the transfer of ownership or the assets of an “eligible privately held company,” to electronically register with the SEC and not be subject to all the requirements imposed on a full service broker under the Securities Exchange Act of 1934.