Encouraging Public Offerings Act of 2026 expands confidential draft registration submissions for issuers.
The Encouraging Public Offerings Act of 2026 amends the Securities Act of 1933 to allow issuers to submit draft registration statements confidentially to the Securities and Exchange Commission (SEC) before public filing. This applies to issuers within one year after their initial public offering or registration under the Securities Exchange Act of 1934. The SEC can impose terms and conditions on these submissions, subject to public notice and comment. The bill also requires the SEC to report to Congress before any such rulemaking.
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