U.S. Senate · 119th Congress · S. 3351
Developing and Empowering our Aspiring Leaders Act of 2025
A bill to require the Securities and Exchange Commission to revise the definition of a qualifying investment, for purposes of the exemption from registration for venture capital fund advisers under the Investment Advisers Act of 1940, to include an equity security issued by a qualifying portfolio company and to include an investment in another venture capital fund, and for other purposes.
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- Sponsor
- Mike RoundsR-SD
- Introduced
- December 4, 2025, in the Senate
- Issue areas
- Policy area
- Finance and Financial Sector (from the Congressional Research Service)
- Full text and actions
- congress.gov
Votes on this bill (0)
Neither the House nor the Senate has held a roll-call vote on this bill.
Cosponsors (1)
1 Democrat. Each member is shown with the party they were counted with on the day they signed on. How we count these