H. R. 8222, also known as the “Regulation Advancement for Capital Enhancement Act of 2024” or the “RACE Act of 2024,” proposes changes to the Securities Act of 1933. The bill aims to simplify the approval process for certain securities offerings by allowing offering...
Simple Explanation
The bill wants to make it faster and easier for companies to sell certain kinds of small stock offerings by letting some get approved automatically without a long review, but it needs to be careful so people can't sneak around the rules.