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(This measure has not been amended since it was reported by the House on October 31, 2011. The summary of that version is repeated here.)
Access to Capital for Job Creators Act - Amends the Securities Act of 1933 to exempt from specified prohibitions relating to interstate commerce and the mails any transactions by an issuer that do not involve a public offering (as under current law), whether or not such transactions involve general solicitation or general advertising.
Directs the Securities and Exchange Commission (SEC) to revise rules governing an exemption from public offering requirements for limited offers and sales without regard to the dollar amount of the offering (Regulation D), so as to provide that a specified prohibition against general solicitation or general advertising does not apply to offers and sales of securities made pursuant to Regulation D if all purchasers of the securities are accredited investors. Requires such rules to require the issuer to take reasonable steps to verify that purchasers of the securities are accredited investors, using methods determined by the SEC.
Written by the nonpartisan Congressional Research Service, describing H.R. 2940 as passed House amended on Nov 3, 2011. It is not the text of the measure; a later amendment may have changed what it does.
Nov 3, 2011Each bar: ✓ Yea from the bottom, ✕ Nay aboveNov 3, 2011
House Nov 3, 2011 · the primary vote
To direct the Securities and Exchange Commission to eliminate the prohibition against general solicitation as a requirement for a certain exemption under Regulation D
Passed
413 Yea 11 Nay 9 not voting
Crossed both parties 11 of 424 voting members broke with their own party: 11 Democrats.
DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present
433 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Signing on is not a vote: a member can cosponsor H.R. 2940 and vote against it. 0 signed when it was filed.
Organizations that named H.R. 2940 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
47 disclosures name this measure. Retrieved from LDA.gov on 2026-10-05. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.