HR. 4429In Committee
Developing and Empowering our Aspiring Leaders Act of 2025
Directs the Securities and Exchange Commission to revise venture capital fund rules so more secondary transactions and fund of funds investments count as qualifying venture capital investments
Plain-English overview
What this bill does
Directs the Securities and Exchange Commission to revise venture capital fund rules so more secondary transactions and fund of funds investments count as qualifying venture capital investments
Key points
- Direct SEC rule revision
- Allow secondary transaction investments
- Allow venture fund investments
Current status
Where it stands
Status
In Committee
Latest action
2025-12-02 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related context
Topics and policy areas
undefinedAdministrative law and regulatory proceduresFinance and Financial SectorFinancial services and investmentsSecuritiesSecurities and Exchange Commission (SEC)