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Improving Capital Allocation for Newcomers Act of 2021
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
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vs 9,698 other HR bills in the 117th — cohort avg 63d
Improving Capital Allocation for Newcomers Act of 2021 This bill revises qualification requirements for venture capital funds. Venture capital funds are exempt from certain regulations applicable to other investment firms, including those related to filings, audits, and restricted communications with investors. Currently, an investment firm qualifies as a venture capital fund if, among other requirements (1) the fund's securities are owned by 250 persons or less, and (2) the fund has $10 million or less in aggregate capital contributions and uncalled committed capital. The bill increases these amounts to 600 persons and $150 million, respectively.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (1)
2022 · fourth_quarter · Banking
Engagement with SEC on regulatory proposals including Special Purpose Acquisition Companies, Shell Companies, and Projections proposal, Private Fund Advisers, Documentation of Registered Investment Adviser Compliance Reviews proposal, Rule 10b5-1 and Insider Trading proposal, Amendments to Form PF to Require Current Reporting and Amend Reporting Requirements for Large Private Equity Advisers and Large Liquidity Fund Advisers proposal, and Modernization of Beneficial Ownership Reporting proposal; Small capitalization company capital formation issues; Disclosure of material short positions; Issues related to improving research coverage for small companies; Revising the SEC definition of venture capital fund/DEAL Act S.3914/H.R.4227; Implementation of the Foreign Investment Risk Review Modernization Act; Blockchain regulatory and policy issues including the Token Taxonomy Act; Helping Startups Continue to Grow Act H.R.3448; JOBS Act 4.0; Sherman amendment, Sec. 61301; S. 3976, Expanding American Entrepreneurship Act; H.R. 4243, Improving Capital Allocation for Newcomers Act; S. 4857, Private Markets Transparency and Accountability Act; Digital Commodities Consumer Protection Act S.4760/H.R.8730; foreign outbound investment restrictions.
Referred to the House Committee on Financial Services.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $790,191 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Defense, Dept of (DOD), Federal Reserve System, Financial Crimes Enforcement Network (FinCEN), HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office
2022 · third_quarter · Banking
Engagement with SEC on regulatory proposals including Special Purpose Acquisition Companies, Shell Companies, and Projections proposal, Private Fund Advisers, Documentation of Registered Investment Adviser Compliance Reviews proposal, Rule 10b5-1 and Insider Trading proposal, Amendments to Form PF to Require Current Reporting and Amend Reporting Requirements for Large Private Equity Advisers and Large Liquidity Fund Advisers proposal, and Modernization of Beneficial Ownership Reporting proposal; Small capitalization company capital formation issues; Disclosure of material short positions; Issues related to improving research coverage for small companies; Revising the SEC definition of venture capital fund/DEAL Act S.3914/H.R.4227; Implementation of the Foreign Investment Risk Review Modernization Act; Blockchain regulatory and policy issues including the Token Taxonomy Act; Helping Startups Continue to Grow Act H.R.3448; JOBS Act 4.0; Sherman amendment, Sec. 61301; S. 3976, Expanding American Entrepreneurship Act; H.R. 4243, Improving Capital Allocation for Newcomers Act; S. 4857, Private Markets Transparency and Accountability Act.
Client expense: $607,142 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Defense, Dept of (DOD), Federal Reserve System, Financial Crimes Enforcement Network (FinCEN), HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office
2022 · third_quarter · Banking
Engagement with SEC on regulatory proposals including Special Purpose Acquisition Companies, Shell Companies, and Projections proposal, Private Fund Advisers, Documentation of Registered Investment Adviser Compliance Reviews proposal, Rule 10b5-1 and Insider Trading proposal, Amendments to Form PF to Require Current Reporting and Amend Reporting Requirements for Large Private Equity Advisers and Large Liquidity Fund Advisers proposal, and Modernization of Beneficial Ownership Reporting proposal; Small capitalization company capital formation issues; Disclosure of material short positions; Issues related to improving research coverage for small companies; Revising the SEC definition of venture capital fund/DEAL Act S.3914/H.R.4227; Implementation of the Foreign Investment Risk Review Modernization Act; Blockchain regulatory and policy issues including the Token Taxonomy Act; Helping Startups Continue to Grow Act H.R.3448; JOBS Act 4.0; Sherman amendment, Sec. 61301; S. 3976, Expanding American Entrepreneurship Act; H.R. 4243, Improving Capital Allocation for Newcomers Act; S. 4857, Private Markets Transparency and Accountability Act.
Client expense: $857,235 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Defense, Dept of (DOD), Federal Reserve System, Financial Crimes Enforcement Network (FinCEN), HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office