H.R. 2605 explained · 118th Congress · Not enacted (118th Congress ended)
To amend the Securities Exchange Act of 1934 to exclude qualified institutional buyers and institutional accredited investors when calculating holders of a security for purposes of the mandatory registration threshold under such Act, and for other purposes.
Introduced: 2023-04-13
Latest action (2023-04-13): Referred to the House Committee on Financial Services.
What H.R. 2605 does, in plain terms
The Congressional Research Service has not published a summary of H.R. 2605 yet. Its official title: “To amend the Securities Exchange Act of 1934 to exclude qualified institutional buyers and institutional accredited investors when calculating holders of a security for purposes of the mandatory registration threshold under such Act, and for other purposes.”.
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