Small Business Investor Capital Access Act
- Last Action
- 4/13/2023
CRS Summary
As of 2023-04-13 (00)
Small Business Investor Capital Access Act
This bill requires the Securities and Exchange Commission (SEC) to adjust annually for inflation the dollar amount of an exemption from registration requirements for investment advisors of private funds. Currently, investment advisors of private funds of less than $150 million in assets under management are exempt. The bill would require the SEC to adjust that amount annually based on the change in the Consumer Price Index.
Subjects
- Bank accounts, deposits, capital
- Banking and financial institutions regulation
- Financial services and investments
- Inflation and prices
- Licensing and registrations
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.