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HR 3422 - Promoting Opportunities for Non-Traditional Capital Formation Act - National Key Vote

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Title: Promoting Opportunities for Non-Traditional Capital Formation Act

Vote Smart's Synopsis:

Vote to pass a bill that expands the functions of the Securities and Exchange Commission's Office of the Advocate for Small Business Capital Formation.

Highlights:

  • Expands the functions of the Securities and Exchange Commission's Office of the Advocate for Small Business Capital Formation (Sec. 2).

  • Specifies that the office must (Sec. 2):

    • Provide educational resources and host (or participate in) events to promote capital-raising options for underrepresented small businesses, businesses in rural areas, and businesses affected by natural disasters; and 

    • Meet annually with representatives of state securities commissions to discuss opportunities for collaboration and coordination.

Full Bill Text

Title: Promoting Opportunities for Non-Traditional Capital Formation Act

Full Bill Text

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