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Promoting Opportunities for Non-Traditional Capital Formation Act

Last updated: 6/24/2025 · Introduced: 5/15/2025

Author: Maxine Waters (D-CA)

TL;DR (AI)

  • The bill amends the Securities Exchange Act of 1934 to encourage capital raising for small businesses.
  • It mandates the creation of educational resources and events specifically targeting traditionally underrepresented small businesses.
  • The bill requires annual meetings between the Advocate for Small Business Capital Formation and state securities commissions to foster collaboration.
119th Congresspassed houseHR. 6567(In Committee)Official page

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Includes provisions on preamble, short title., and 1 more.

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