In a letter to members of the House of Representatives, CFA is urging opposition to H.R. 4263, the Regulation A+ Improvement Act. This bill would arbitrarily and prematurely increase by 50 percent the amount that companies can offer and sell under Regulation A+ in a given 12-month period, from $50 million to $75 million. It would do so despite market evidence showing issuers of Regulation A+ offerings neither need nor merit more capital. For these reasons, CFA urges representatives to vote no on this ill-advised legislation.
