07/27/2026 | Press release | Distributed by Public on 07/27/2026 09:28
WASHINGTON, D.C. - Congressman Troy Downing (MT-02) led a letter urging the Securities and Exchange Commission (SEC) Chairman Paul Atkins to finalize a proposal that would encourage capital formation and reduce burdensome regulations for certain registered securities offerings.
The proposal would remove duplicative state review for registered offerings of unlisted securities, which will lower costs and expand investor access while preserving existing protections against fraud.
The letter was signed by:
Rep. Troy Downing (MT-02), Rep. Ann Wagner (MO-02), Rep. Bill Huizenga (MI-04), Rep. Andy Barr (KY-06), Rep. Dan Meuser (PA-09), Rep. Warren Davidson (OH-08), Rep. Tom Emmer (MN-06), Rep. Michael Lawler (NY-17), Rep. Tim Moore (NC-14), Rep. Scott Fitzgerald (WI-05), Rep. William R. Timmons IV (SC-04), Rep. Monica De La Cruz (TX-15), Rep. Young Kim (CA-40), Rep. John Rose (TN-06), Rep. Marlin A. Stutzman (IN-03), Rep. Pete Sessions (TX-17), and Rep. Mike Haridopolos (FL-08)
Read the full letter HERE.
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