Library / Laws / 113th / hr / H.R. 701 / Introduced in House
I
113th CONGRESS
1st Session
H. R. 701
IN THE HOUSE OF REPRESENTATIVES
February 14, 2013
Mr. McHenry (for
himself, Mr. Schweikert,
Ms. Eshoo,
Mr. Garrett, and
Mr. David Scott of Georgia) introduced
the following bill; which was referred to the
Committee on Financial
Services
A BILL
To amend a provision of the Securities Act of 1933
directing the Securities and Exchange Commission to add a particular class of
securities to those exempted under such Act to provide a deadline for such
action.
1.
Rulemaking deadline for
exempting certain securities
Section 3(b)(2) of the Securities Act of
1933 (15 U.S.C. 77c(b)(2)) is amended by striking The Commission
and inserting Not later than October 31, 2013, the Commission.