Requires the SEC to update its definition of 'small entity' to help more businesses qualify for certain rules.
This bill would require the Securities and Exchange Commission (SEC) to regularly review and update its definition of a 'small entity.' This process would ensure the definition keeps up with market growth and inflation. It could potentially allow more businesses to qualify for certain rules and protections.
Today, the Securities and Exchange Commission (SEC) has a definition for 'small entity' but isn't required to regularly update it for market changes or inflation. If this bill becomes law, the SEC would need to conduct studies, report to Congress, and revise its 'small entity' rules every few years, also adjusting dollar figures for inflation.
S 2924 · 119th Congress · September 29, 2025 · AI Summary by gemini-2.5-flash · 8/10
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4 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.