Backers of bill to ease small-firm regulatory burden seek Senate gains after House win
The legislation would force the SEC to calibrate compliance costs for small and growing businesses, including advisory firms.
Advocates for legislation that would ease the regulatory burden on small investment advisory firms hope the measure's overwhelming House approval this week will give it a boost in the Senate.
The House passed the bill — Small Entity Update Act — Tuesday, 367-8, under special floor procedure
Learn more about reprints and licensing for this article.
