Some have suggested that increasing the exemption through this legislation and requiring the SEC to report periodically on the need to adjust the limitation would somehow provide the SEC with an unlimited or open-ended authority to increase the limitation under Regulation A.
Tester discusses concerns about unlimited SEC authority regarding exemption increases.
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I ask unanimous consent that the Tester- Daines substitute amendment at the desk be agreed to and the bill, as amended, be considered read a third time. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment (No. 2074)…
Well, I think it's really bad. All you got to do is look at the market. But the truth is, is that if you're a businessman, you understand that what you need in the marketplace is certainty.
This has been a phenomenon that we haven't had recently, where we've had other countries that have went into our airspace for the purpose of trying to gather information.
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