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house Bill H.R. 4263

Letting Startups Avoid SEC Registration When Offering $75 Million in Securities (Instead of $50 Million)

Argument in favor

Letting startups avoid SEC registration when offering $25 million more in securities to investors than the current threshold allows will expand their access to capital and help them create jobs.

Karan's Opinion
···
03/14/2018
The system is rigged against Small Businesses. Big Businesses order their corrupt politicians to add more regulations and those Big Businesses have the lawyers and accountants to cheat the law legally with loopholes while Small Businesses get stuck with the full tab. This gives Small Businesses a chance to strike it big.
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SneakyPete's Opinion
···
03/16/2018
Sadly, once again my Democratic Representative (Rep. Steve Cohen (D) Tennessee 9th Congressional District) continues voting 🗳 a straight Democratic ticket. He can do this because he stands NO chance of getting voted out of office, He will NOT even take the time to debate an opposing candidate, as he is assured based on the demographics of the district, being re-elected. He is a strong advocate of the Democratic “Tax & Spend” Philosophy. His advocacy is strongly that of maintaining the dependency on the role of the Federal Government as the supporting agent of the vast numbers of members of his constituents. Finally, it appears to me, that he is NOT open for any compromising with his opposition party. He does not in my opinion, want to consider any opposition views, but OLNY those SET FORTH BY HIS LEADER and The DNC. Sad 😞. 3*15*18
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Nathaniel's Opinion
···
03/14/2018
SEC regulation is important however it can be overly burdensome for smaller companies. This is a good move.
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Argument opposed

Startups can already avoid SEC registration when offering up to $50 million in securities to investors. Raising that threshold is an unnecessary risk.

Edward's Opinion
···
03/14/2018
Regulations must be extended rather than reduced. For a change, can you do something than benefits the people and not just your corporate owners?
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Chimmy's Opinion
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03/14/2018
No we need regulations to protect people over profit and corporate greed.
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stephentwheeler's Opinion
···
03/14/2018
This isn’t creating jobs. This is increasing risk and bases our economy on even more gambling.
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bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
      senate Committees
      Committee on Banking, Housing, and Urban Affairs
  • The house Passed March 15th, 2018
    Roll Call Vote 246 Yea / 170 Nay
      house Committees
      Committee on Financial Services
    IntroducedNovember 7th, 2017

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    The system is rigged against Small Businesses. Big Businesses order their corrupt politicians to add more regulations and those Big Businesses have the lawyers and accountants to cheat the law legally with loopholes while Small Businesses get stuck with the full tab. This gives Small Businesses a chance to strike it big.
    Like (33)
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    Regulations must be extended rather than reduced. For a change, can you do something than benefits the people and not just your corporate owners?
    Like (79)
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    No we need regulations to protect people over profit and corporate greed.
    Like (49)
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    When has the financial industry ever ever protected its customers and the American people? Oh. Never. Regulations were designed to protect we, the people, not bloated profits.
    Like (19)
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    This isn’t creating jobs. This is increasing risk and bases our economy on even more gambling.
    Like (18)
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    The only thing this extension benefits is corporations. We don’t need more benefits for corporations. We need more protection for consumers. Startups are already risky by definition. Too often they have been a vehicle to scam investors out of money. “No” to less regulation.
    Like (14)
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    GOP = G-Give me O-Opulence P-People (no matter the cost because you’re paying for it 😂) I wouldn’t trust any Bill they put forward!!! No No No #RESIST
    Like (11)
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    Sadly, once again my Democratic Representative (Rep. Steve Cohen (D) Tennessee 9th Congressional District) continues voting 🗳 a straight Democratic ticket. He can do this because he stands NO chance of getting voted out of office, He will NOT even take the time to debate an opposing candidate, as he is assured based on the demographics of the district, being re-elected. He is a strong advocate of the Democratic “Tax & Spend” Philosophy. His advocacy is strongly that of maintaining the dependency on the role of the Federal Government as the supporting agent of the vast numbers of members of his constituents. Finally, it appears to me, that he is NOT open for any compromising with his opposition party. He does not in my opinion, want to consider any opposition views, but OLNY those SET FORTH BY HIS LEADER and The DNC. Sad 😞. 3*15*18
    Like (10)
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    Enough of loosening rules and regulations on businesses. Let’s have stricter rules and tougher oversight. Start protecting people over business.
    Like (10)
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    SEC regulation is important however it can be overly burdensome for smaller companies. This is a good move.
    Like (9)
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    More regulation, more disclosure, not less. The dollar limit was established to focus limited resources on the biggest targets, not to create an expanding exemption zone. Post Madoff & Enron & in the age of cryptocurrency we should make it our goal to get the SEC the resources to scrutinize everybody.
    Like (7)
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    Corps have enough welfare already
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    No
    Like (6)
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    No, I have worked for a couple of startups and they definitely need oversight.
    Like (6)
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    I support regulations to avoid future disasters
    Like (5)
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    Nay. I agree with the Democrats that this isn't supported by the data and potentially harmful.
    Like (5)
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    No! Not in this corrupt climate. We need all the scrutiny we can muster.
    Like (5)
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    Can we deregulate cannabis? That would help actual people, who vote.
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    This reads like another disaster in the making. Start-ups should be accountable, all corporations and financial institutions should have stringent consumer and investor protections. I would love to know which of our illustrious millionaire representatives put this bill forward? Betcha their names end with an R.
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    Fewer regulations will lead to another crash. Can we please start trying to learn from our past mistakes?
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