A bill to require the Securities and Exchange Commission to revise the definition of a qualifying investment, for purposes of the exemption from registration for venture capital fund advisers under the Investment Advisers Act of 1940, to include an equity security issued by a qualifying portfolio company and to include an investment in another venture capital fund, and for other purposes.
Sponsored By: Senator Rounds, Mike [R-SD]
Introduced
Summary
No summary available.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Rounds, Mike [R-SD]
SD • R
Cosponsors
Sen. Warnock, Raphael G. [D-GA]
GA • D
Sponsored 12/4/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov