The Sub $1bn Revenues IPO Act
A VC : Venture Capital and Technology
MARCH 8, 2012
There's a bill in Congress to reduce the regulatory burdens for public companies that have less than $1bn in revenues and/or have been public for less than five years. The name is too long so I call it the "sub $1bn IPO bill." Will Sarbanes-Oxley Changes Help The IPO Market? " This is a good bill. This undoes some of the bad stuff done to smaller public companies in Sarbox. It should become law. I hope it will.