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Promoting Opportunities for Nontraditional Capital Formation Act (HR 3422)

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Federal

2025

This Act changes the Securities Exchange Act of 1934. It directs the Advocate for Small Business Capital Formation to educate and host events. These efforts aim to help underrepresented small businesses, including those owned by women or minorities, as well as those in rural areas and those affected by natural disasters, access capital. The Act also requires regular meetings with State securities representatives.

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