Senate Bill 2306
116th Congress(2019-2020)
Main Street Growth Act
Introduced
Introduced in Senate on Jul 29, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2306
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
Main Street Growth Act
This bill allows for the registration of national venture securities exchanges for the purpose of trading the securities of certain small companies, such as startups and emerging growth companies. Individuals and existing national securities exchanges may apply to the Securities and Exchange Commission for approval to register such an exchange, or to register a listing tier within an existing exchange.
The bill sets forth requirements for these venture exchanges, including required disclosures, trading limits, and trading privileges.
July 29, 2019
07/29/2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
07/29/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 1:50:18 PM