On the recordOctober 18, 2019
Mr. Chair, let me close by simply saying that we want more public companies. We want to lower the cost of being public. We want to remove barriers from being public. We do that by carefully balancing the regulatory burden to be public. This bill, which does not enhance any knowledge for investors or do anything important or material, weakens that effort to reduce barriers to being public. I believe we should have a materiality standard. I urge adoption of my amendment. Mr. Chair, I yield back the balance of my time.
