Washington, July 27 -- Congressman Troy Downing issued the following press release:
Congressman Troy Downing (MT-02) led a letter urging the Securities and Exchange Commission (SEC) Chairman Paul Atkins to finalize a proposal (https://www.sec.gov/rules-regulations/2026/05/s7-2026-17) that would encourage capital formation and reduce burdensome regulations for certain registered securities offerings.
The proposal would remove duplicative state review for registered offerings of unlisted securities, which will lower costs and expand investor access while preserving existing protections against fraud.
The letter was signed by:
Rep. Troy Downing (MT-02), Rep. Ann Wagner (MO-02), Rep. Bill Huizenga (MI-04), Rep. Andy Barr (KY-06), Rep. Dan Me...