
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC80c-3]

 
                      TITLE 15--COMMERCE AND TRADE
 
          CHAPTER 2E--OMNIBUS SMALL BUSINESS CAPITAL FORMATION
 
Sec. 80c-3. Reduction of costs of small securities issues

    (a) The Securities and Exchange Commission shall use its best 
efforts to identify and reduce the costs of raising capital in 
connection with the issuance of securities by firms whose aggregate 
outstanding securities and other indebtedness have a market value of 
$25,000,000 or less, through such means as studies, giving appropriate 
publicity to improved technology developments in fields such as 
printing, communications, and filing, and giving special attention to 
the effect of existing and proposed regulatory changes upon the small 
companies wishing to raise capital and independent broker-dealers which 
are in a key position with respect to the costs of underwriting and 
making markets in the securities of smaller companies.
    (b) The Commission shall report on these efforts at the annual 
Government-business forum required by section 80c-1 of this title.

(Pub. L. 96-477, title V, Sec. 506, Oct. 21, 1980, 94 Stat. 2293.)
