On October 6th, the House Capital Markets Subcommittee passed five bills aimed at making small company capital formation easier. The bills are: H.R. 2167, the Private Company Flexibility and Growth Act, which would raise the shareholder threshold for mandatory registration with the SEC from 500 to 1,000 shareholders; H.R. 2940, the Access to Capital for Job Creators Act, which would remove the prohibition against general public solicitations for private offerings; H.R. 2930, the Entrepreneur Access to Capital Act, which would permit crowd funding; the Small Company Job Growth and Regulatory Relief Act, which would expand the exemptions for Sarbanes-Oxley Act reporting; and H.R. 1965, which would make it easier for small banks to deregister. Subcommittee Press Release.