US Codex
Bill
Notes

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.

H.R. 701 · 113th Congress · May 16, 2013 · Lineage

AN ACT

Section 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 in the matter preceding subparagraph (A) by striking “The Commission” and inserting “Not later than October 31, 2013, the Commission”.