Venture Capital Firms Could Get More Flexibility in their Investments Pending DEAL Act

Posted on 11/28/2022

The Developing and Empowering Our Aspiring Leaders (DEAL) Act is gaining traction in Congress. The bill passed the House of Representatives in July 2022. The bill directs the U.S. Securities and Exchange Commission (SEC) to include secondaries as a qualifying investment for venture capital funds. The National Venture Capital Association has been lobbying the SEC…

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