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H. Rept. 114-725 1 (2016-09-06)

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                   114TH CONGRESS                                    REPORT
                     2d Session    HOUSE  OF REPRESENTATIVES         114-725




                  PROVIDING FOR CONSIDERATION  OF THE BILL (H.R. 2357) TO DIRECT THE
                    SECURITIES AND EXCHANGE  COMMISSION  TO REVISE FORM S-3 SO AS
                    TO ADD LISTING AND REGISTRATION OF A CLASS OF COMMON  EQUITY
                    SECURITIES ON  A NATIONAL  SECURITIES EXCHANGE   AS AN ADDI-
                    TIONAL BASIS FOR SATISFYING THE REQUIREMENTS  OF GENERAL  IN-
                    STRUCTION I.B.1. OF SUCH FORM AND TO REMOVE SUCH LISTING AND
                    REGISTRATION AS A REQUIREMENT   OF GENERAL  INSTRUCTION I.B.6.
                    OF SUCH  FORM, AND PROVIDING  FOR CONSIDERATION  OF THE BILL
                    (H.R. 5424) TO AMEND THE INVESTMENT ADVISERS ACT OF 1940 AND TO
                    DIRECT THE SECURITIES AND EXCHANGE  COMMISSION  TO AMEND ITS
                    RULES TO MODERNIZE  CERTAIN REQUIREMENTS  RELATING TO INVEST-
                    MENT ADVISERS, AND FOR OTHER PURPOSES


                    SEPTEMBER 6, 2016.-Referred to the House Calendar and ordered to be printed


                             Mr. SESSIONS, from the Committee on Rules,
                                      submitted the following


                                         REPORT

                                       [To accompany H. Res. 844]
                    The  Committee on Rules, having had under consideration House
                  Resolution 844, by a record vote of 9 to 2, report the same to the
                  House  with the recommendation that the resolution be adopted.
                             SUMMARY  OF PROVISIONS OF THE RESOLUTION
                    The  resolution provides for consideration of H.R. 2357, the Accel-
                  erating Access to Capital Act of 2015, under a structured rule. The
                  resolution provides one hour of general debate equally divided and
                  controlled by the chair and ranking minority member of the Com-
                  mittee on Financial Services. The resolution waives all points of
                  order against consideration of the bill. The resolution makes in
                  order as original text for the purpose of amendment an amendment
                  in the nature of a substitute consisting of the text of Rules Com-
                  mittee Print 114-62  and provides that it shall be considered as
                  read. The resolution waives all points of order against that amend-
                  ment  in the nature of a substitute. The resolution makes in order
                  only those further amendments  printed in part A of this report.
                  Each  such amendment  may  be offered only in the order printed in
                  this report, may be offered only by a Member designated in this re-
                  port, shall be considered as read, shall be debatable for the time
                  specified in this report equally divided and controlled by the pro-
                  ponent  and an opponent, shall not be subject to amendment, and
                      59-008

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