I thank Mr. Hensarling for his leadership on this. I thank the gentlewoman from Arizona, who just spoke, for her leadership on this as well. Mr. Speaker, as the chairman of the House Small Business Committee, I have the pleasure of hearing from America's small-business owners each and every day, both in my district and up here in Washington. The stories of success are always encouraging to hear, but all too often, what I am told is how the government is making it difficult for small businesses to grow and succeed and to, therefore, create jobs. Perhaps the most common concern is just how difficult it is for entrepreneurs who are starting out to access the needed capital to grow. This bill expands access to capital by ensuring small businesses can continue to connect with so-called angel investors. One popular way small businesses have connected with angel investors is through demo days. These are events that are sponsored by universities, nonprofits, local governments, accelerators, incubators, and other groups that allow entrepreneurs to showcase their products and to informally meet investors and customers. However, SEC regulations are threatening to force these events out of business by imposing unwieldy regulations that dictate who is and who is not allowed to simply attend.…
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