Lets closed-end companies and business development companies put money into private funds and sell their shares more easily.
This bill would make it easier for certain investment companies, called closed-end companies and business development companies, to invest in private funds. It would stop the Securities and Exchange Commission (SEC) and stock exchanges from limiting these investments or the public trading of these companies' shares.
Today, the rules around closed-end companies investing in private funds and listing their shares can be unclear, and the SEC or stock exchanges might restrict these activities. If this bill passes, the SEC and stock exchanges would be largely prevented from blocking these companies from investing in private funds or from trading their shares publicly, making it easier for them to access these markets.
S 3671 · 119th Congress · January 15, 2026 · AI Summary by gemini-2.5-flash · 8/10
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5 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.