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S. 2306

BillFederalSenateIn Committee
A bill to amend the Securities Exchange Act of 1934 to allow for the registration of venture exchanges, and for other purposes.
About This Bill
Committee
Latest Action · July 29, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
116th (2019–2021)
Introduced
July 29, 2019
Sponsor
Sen. John KennedyR
Cosponsors (0)
None
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Summary

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Main Street Growth Act This bill allows for the registration of national venture securities exchanges for the purpose of trading the securities of certain small companies, such as startups and emerging growth companies. Individuals and existing national securities exchanges may apply to the Securities and Exchange Commission for approval to register such an exchange, or to register a listing tier within an existing exchange. The bill sets forth requirements for these venture exchanges, including required disclosures, trading limits, and trading privileges.

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