Tagged: hr 2799

March 11, 2024 @ 5:40 pm By JD Alois  |  

Last week, the US House of Representatives approved HR 2799, or the Expanding Access to Capital Act. The legislation incorporated a long list of items aimed at supporting entrepreneurs and innovators while helping investors participate in promising offerings. House Representatives voted along party lines. Some items… Read More

March 8, 2024 @ 12:04 pm By JD Alois  |  

After several days of debate and discussion, the US House of Representatives has approved the legislation, the Expanding Access to Capital Act (HR 2799). The bill was sponsored by Representative Patrick McHenry, the Chairman of the House Financial Services Committee, an individual who has long… Read More

March 7, 2024 @ 12:57 pm By JD Alois  |  

Representative Maxine Waters, the ranking minority member on the House Financial Services Committee, has issued a blistering statement on the Expanding Access to Capital Act (HR 2799), renaming it the Expanding Access to Fraud Act. Introduced into the House by Representative Patrick McHenry, Chairman of… Read More

March 5, 2024 @ 5:50 pm By JD Alois  |  

Congressman Patrick McHenry, the Chairman of the House Financial Services Committee, discussed the benefits of the Expanding Access to Capital Act (HR 2799). Speaking before the House Committee on Rules, McHenry said HR 2799 builds upon the success of the JOBS Act of 2012 –… Read More

March 5, 2024 @ 12:10 pm By JD Alois  |  

The Expanding Access to Capital Act (HR 2799) will go to a floor vote this week. If approved, the legislation will then make its way to the Senate for potential approval. The bill is sponsored by Congressman Patrick McHenry, Chairman of the House Financial Services… Read More

February 21, 2024 @ 11:33 am By JD Alois  |  

Sherwood “Woodie” Neiss, Principal and co-founder of Crowdfund Capital Advisors (CCA), has sent a letter to Congress supporting HR 2799 or the Expanding Access to Capital Act – legislation that is designed to help entrepreneurs and small businesses while boosting the economy. The letter has… Read More

February 2, 2024 @ 1:18 pm By JD Alois  |  

Earlier this week, the North American Securities Administrators Association (NASAA) issued a comment letter criticizing the Expanding Access to Capital Act (HR 2799). This legislation was introduced into Congress last year but has yet to move forward with a Committee vote. Sponsored by the Chairman… Read More