FTA Joins Coalition Urging Action to Expand Capital Access for Entrepreneurs
The Financial Technology Association joined a coalition of leading innovation and venture capital organizations in a letter to House Financial Services Committee Chairman French Hill and Ranking Member Maxine Waters, supporting bipartisan legislation to strengthen capital formation and broaden investment opportunities.
The letter highlights how outdated regulatory thresholds and limited flexibility in fund structures are restricting access to private capital, particularly for emerging fund managers and startups outside of traditional financial hubs. To address these challenges, the coalition urges passage of three key bills:
The DEAL Act, which would expand qualifying investments for venture capital funds to include fund-of-fund and secondary investments.
The ICAN Act, which would raise the size and investor limits for qualifying venture funds.
The Small Business Investor Capital Access Act, which would index SEC registration thresholds to reflect inflation and economic growth.
If enacted, these reforms will help ensure a more inclusive, regionally diverse, and dynamic private capital ecosystem, supporting entrepreneurs at all stages of growth and strengthening American innovation and competitiveness.
FTA Joins Coalition Urging Action to Expand Capital Access for Entrepreneurs
The Financial Technology Association joined a coalition of leading innovation and venture capital organizations in a letter to House Financial Services Committee Chairman French Hill and Ranking Member Maxine Waters, supporting bipartisan legislation to strengthen capital formation and broaden investment opportunities.
The letter highlights how outdated regulatory thresholds and limited flexibility in fund structures are restricting access to private capital, particularly for emerging fund managers and startups outside of traditional financial hubs. To address these challenges, the coalition urges passage of three key bills:
If enacted, these reforms will help ensure a more inclusive, regionally diverse, and dynamic private capital ecosystem, supporting entrepreneurs at all stages of growth and strengthening American innovation and competitiveness.
Read the full letter here.