H.R.2629 - Fostering Innovation Act of 2013

To provide an exemption for low-revenue companies from certain SEC regulations. view all titles (2)

All Bill Titles

  • Short: Fostering Innovation Act of 2013 as introduced.
  • Official: To provide an exemption for low-revenue companies from certain SEC regulations. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
07/09/13
 
 
 
 
 
 
 

Official Summary

Fostering Innovation Act of 2013 - Directs the Securities and Exchange Commission (SEC) to redefine \"accelerated filer\" with respect to issuers of securities required to meet accelerated deadlines for filing their Form 10-Q quarterly reports. Requires the SEC to include among accelerated

Official Summary

Fostering Innovation Act of 2013 - Directs the Securities and Exchange Commission (SEC) to redefine \"accelerated filer\" with respect to issuers of securities required to meet accelerated deadlines for filing their Form 10-Q quarterly reports. Requires the SEC to include among accelerated filers any issuers of securities that have:
(1) annual revenues in excess of $100 million, and
(2) an aggregated worldwide market value between $250 million and $700 million of the voting and non-voting common equity held by non-affiliates.

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