S 3749 · 119th Congress

Expanding WKSI Eligibility Act

This bill makes it easier for companies to qualify as "well-known seasoned issuers" (WKSIs) under federal securities law. A well-known seasoned issuer is a classification that gives established companies more flexibility when raising money through stock offerings. Right now, companies need to have a very large publi…

Sponsor

McCormick, David (R-Pennsylvania)

Introduced

2026-01-29

Policy area

Finance and Financial Sector

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.