H.R. 935: Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
Legislation Details
117th Congress
To amend the Securities Exchange Act of 1934 to exempt from registration brokers performing services in connection with the transfer of ownership of smaller privately held companies.
Sponsor: Rep. Bill Huizenga — R — MI
Exempts from securities registration requirements certain merger-and-acquisition brokers that facilitate transfer of ownership in privately held companies with earnings or revenues under a specified threshold. However, this exemption shall not apply to certain brokers, including those that provide financing related to the transfer of ownership, engage on behalf of any party in a transaction involvi...
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