To require the Securities and Exchange Commission to carry out a study of the 10 per centum threshold limitation applicable to the definition of a diversified company under the Investment Company Act of 1940, and for other purposes.
Expanding Investment in Small Businesses Act
This bill directs the Securities and Exchange Commission to report on: (1) the limitiation on shares of an individual company that a diversified investment company may own, and (2) the limitation's impact on capital formation.
Message on House action received in Senate and at desk: House amendments to Senate bill.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by Voice Vote.
Reported by the Committee on Financial Services. H. Rept. 115-878.
Reported by the Committee on Financial Services. H. Rept. 115-878.
Placed on the Union Calendar, Calendar No. 676.
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