The bill amends the Securities Exchange Act of 1934 to allow emerging growth companies to submit draft registration statements to the SEC for.
The bill modifies the Securities Exchange Act of 1934 to allow issuers of securities to submit draft registration statements to the Securities and Exchange Commission (SEC) for confidential review before public filing. This provision applies specifically to emerging growth companies, which are defined under the act. The confidential submission and any amendments must be publicly filed with the SEC no later than 10 days before listing on a national securities exchange.
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