Urge Your US Representative to Co-Sponsor and Vote FOR HR 609, The Mergers, Acquisitions, Sales and Brokerage Simplification Act of 2019!
Your US Representative needs to hear from YOU that this bill is important to you, and to the thousands of small business owners, buyers and sellers that you assist!
Over the next few weeks the US House of Representatives is scheduled to take up HR 609, The Small Business Mergers, Acquisitions, Sales and Brokerage Simplification Act of 2019. Earlier versions of this bill have passed the full House UNANIMOUSLY [HR 2274 (113th) 422-0; and HR 477 (115th) 426-0].
This bill will codify the regulatory relieve envisioned in the SEC M&A Broker No Action Letter released in January, 2014.
It will harmonize federal regulations with the Model State Rule that was formally adopted by NASAA in September 2015, which is currently being adopted state by state.
In order to get the US Senate to take this bill up and enact it into law this session, we need HR 609 pass the House by a wide, bipartisan majority. Ideally, we'd like to see it pass again UNANIMOUSLY.
Send an email NOW to your US Representative, urging him/her to CO-SPONSOR HR 609, and urge his/her colleagues to vote FOR HR 609 when it comes before the House Financial Services Committee, and ultimately, the full House.