Expanding WKSI Eligibility Act
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Finance and Financial Sector
Rep. Steil, Bryan [R-WI-1] (R) — WI
Summary
This bill reduces the required aggregate market value of voting and non-voting common equity shares for an issuer of securities to qualify as a well-known seasoned issuer. A well-known seasoned issuer is allowed to make expedited public offerings of securities through automatic shelf registrations.
Legislative subjects
Business investment and capital; Corporate finance and management; Finance and Financial Sector; Securities
Latest action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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