Allows private review of draft company filings

Lets newer public companies show two years of profit and loss instead of three, and lets companies send draft registration papers to the SEC for private review before filing publicly.

• Newer public companies could report two years of profit and loss instead of three
• Any company selling securities could send a draft registration to the SEC for confidential review
• The bill writes these practices into law

Passed the House · Senate's turn

Read the full bill