Track bills, resolutions, and amendments moving through Congress
PROTECT Taiwan Act
The bill gives U.S. regulators a tool to curb PRC influence and promote U.S.-style financial rules, but that approach risks regulatory fragmentation, diplomatic blowback, and added costs for banks and taxpayers.
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
This bill aims to ease capital formation and expand modernized access to private markets (including by creating an exam pathway and streamlining filings) while trading off stronger investor protections, transparency, and SEC oversight — shifting more due diligence risk onto investors and advantaging better‑resourced market participants.
Improving Capital Allocation for Newcomers Act of 2025
The bill makes it easier for smaller and newer funds to raise capital and clarifies thresholds (potentially expanding funding to startups and veterans) at the cost of reduced investor protections and increased risk and uncertainty from lighter oversight and delayed study-driven adjustments.
Expanding WKSI Eligibility Act
The bill makes it easier for smaller public companies to access capital and may boost liquidity and market activity, but it increases risks to retail investors and imposes modest additional oversight costs on regulators.
Developing and Empowering our Aspiring Leaders Act of 2025
The bill clarifies which secondary and fund investments count as qualifying VC investments and reduces regulatory uncertainty for fund managers, but it also imposes ownership limits and additional compliance/valuation requirements that may constrain fund flexibility and reduce capital available to some startups while raising costs.
Enhancing Multi-Class Share Disclosures Act
The bill increases transparency about who controls corporate votes and reduces governance risk for public investors, but it imposes compliance costs on issuers, can reveal sensitive ownership details, and creates extra regulatory workload for the SEC.
Middle Market IPO Cost Act
The bill commissions a GAO study to improve understanding of IPO costs and capital formation—potentially aiding firms, investors, and policymakers—while creating modest federal workload costs and risking downstream regulatory compliance costs for some businesses.
Small Entity Update Act
The bill broadens and periodically updates SEC small‑entity thresholds to extend regulatory relief to more smaller firms and keep thresholds current, trading off improved relief and transparency against potential investor risk, added taxpayer-funded administrative costs, and periodic regulatory uncertainty.
Greenlighting Growth Act
The bill lowers regulatory cost and reporting burden for emerging growth companies and recent EGCs, but does so by reducing historical disclosure that investors rely on, increasing information asymmetry and potential market risk.
Equal Opportunity for All Investors Act of 2025
The bill opens private securities markets to more knowledgeable retail investors via a free, SEC‑designed exam—expanding opportunity and investor education—but raises risks of retail losses, potential for weak implementation, and added administrative costs.
Aligning SEC Regulations for the World Bank’s International Development Association Act
Promoting Opportunities for Non-Traditional Capital Formation Act
The bill tries to expand small businesses' access to non-bank capital and improve state–SEC coordination through mandated outreach, but its benefits hinge on adequate funding and effective targeting and could be limited or counterproductive if implementation is weak.
Fair Investment Opportunities for Professional Experts Act
The bill expands pathways for wealthy, credentialed, and industry professionals to access private capital markets while preserving high eligibility bars that leave many middle‑income Americans excluded and impose new compliance burdens on issuers and brokers.
Encouraging Public Offerings Act of 2025
The bill makes it easier for more companies to prepare and test securities offerings and increases Congressional oversight of SEC rulemaking, but it shortens public disclosure windows and raises transparency, fairness, compliance-cost, and potential delay concerns for investors and some issuers.
HALOS Act of 2025
The bill makes it easier for startups to reach accredited investors and reduces organizer uncertainty by authorizing structured, sponsor-led investor events, but it increases risks of misleading presentations for investors and adds compliance costs for event sponsors.
ELEVATE Act of 2025
The bill reduces compliance burdens and speeds market access for emerging growth companies, but does so by cutting investor disclosure, increasing informational risk and potential costs or volatility in the market.
Access to Small Business Investor Capital Act
This bill allows certain BDC-related indirect fees to be excluded from funds' disclosed AFFE, which can make funds look cheaper and potentially boost competition, but does so at the cost of reduced fee transparency and weaker oversight—making it harder for investors and regulators to understand and compare true costs.
Disclosure of Tax Havens and Offshoring Act
The bill substantially increases transparency and tax-enforcement capability for governments, investors, and researchers, at the cost of added compliance burdens for multinationals (especially smaller entities), risks to commercial confidentiality, and potential conflicts with foreign data rules.
ACCESS Rural America Act
The bill eases regulatory and cost burdens for small rural broadband issuers—potentially enabling more investment in service—at the expense of less comprehensive investor disclosure and some regulatory/legal uncertainty.
Investor Choice Act of 2026
The bill expands investors' ability to seek public-court remedies and collective enforcement (strengthening protections and transparency) at the cost of higher litigation and compliance burdens, legal transition risks, and potential reductions in public market access and liquidity.
Encouraging Public Offerings Act of 2026
The bill expands confidential IPO testing and draft review to all issuers to lower frictions for companies going public, but it risks delaying public disclosure and creating opportunities for larger issuers to gain short-term informational advantages, with modest procedural safeguards via SEC reporting to Congress.
SILVER Act
The bill reduces systemic concentration risk and improves access and standards for precious‑metals custody, but does so at the cost of added compliance, potential higher fees or public investment, and short‑term logistics risks as storage is redistributed.
Prediction Market Act of 2026
The bill strengthens consumer protections, surveillance, and enforcement for event‑contract markets and creates retail representation at the CFTC, but does so by expanding agency authority and spending and imposing substantial compliance and market‑structure costs that may be passed to customers and reduce some market activity.
Retirement Fairness for Charities and Educational Institutions Act of 2025
The bill reduces SEC-related compliance burdens and legal uncertainty for 403(b) providers—potentially expanding options and lowering costs for participants—but does so by limiting securities‑law oversight and shifting risk and administrative burdens onto employers, fiduciaries, and other regulators.
STOP Corrupt Bets Act of 2026
This bill seeks to curb gambling-like, speculative prediction markets and preserve state authority and certain hedges to protect market integrity and consumers, at the cost of reduced liquidity, fewer risk-transfer instruments, and higher compliance/hedging costs for firms and small businesses.
Regulation A+ Improvement Act of 2026
The bill preserves the exemption's real value and provides predictable, legally clear adjustments via automatic inflation indexing, but it raises the effective cutoff in ways that can push some issuers out of the exemption (increasing compliance burdens) and imposes modest recurring administrative work on the SEC.
Prediction Markets Are Gambling Act
The bill reduces federal/exchange exposure and potential systemic risk by banning exchange-traded sports- and casino-related contracts and preserves state control, but it shifts activity into unregulated venues, raising counterparty risk, costs, regulatory fragmentation, and limiting innovation and consumer protections.
BETS OFF Act
The bill trades stronger protections against speculative, harmful event betting and improved enforcement tools for significant legal uncertainty, broader criminal/civil exposure, and higher costs or reduced market functionality for businesses, consumers, and financial institutions.
No Crypto in Social Security Act
The bill reduces crypto-related risk to federal retirement funds and gives managers clearer rules, at the cost of potentially lower returns, transaction costs, and a narrower investment universe with higher compliance burdens.
DEATH BETS Act
The bill stops markets from listing or clearing contracts tied to terrorism, assassination, war, or death to protect ethics and reduce legal/reputational risk, but at the cost of narrower hedging/product options, regulatory uncertainty, and potential blocking of legitimate research or humanitarian-linked products.
