Small Business Relief Act

This bill changes the rules about when companies that sell investments have to register with the Securities and Exchange Commission (SEC). Right now, if a company has more than a certain number of investors in a type of investment, it has to register with the SEC and regularly report financial information. Under this bill, large professional investors, like big institutions, would no longer be counted toward that investor limit, making it easier for some companies to avoid those registration and reporting requirements.

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