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115th Congress > House > Vote 733
Clerk session vote number: 25
Sponsor: HOLLINGSWORTH, Joseph Albert III (R-IN)
Description: Expanding Investment Opportunities Act
Bill summary: Expanding Investment Opportunities Act
(Sec. 2) This bill directs the Securities and Exchange Commission to revise registration rules to allow a closed-end company to use offering and proxy rules currently available to other issuers of securities, thereby reducing filing requirements and restrictions on communications with investors in certain circumstances. (A closed-end company is a publicly traded investment management company that sells a limited number of shares to investors in an initial
public offering.)
Bill titles: To direct the Securities and Exchange Commission to revise any rules necessary to enable closed-end companies to use the securities offering and proxy rules that are available to other issuers of securities.
Links for more info on the vote: congress.gov