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Rep. McHenry Issues Statement on SEC Move to Strengthen Capital Markets
September 26, 2019
WASHINGTON, Sept. 26 -- Rep. Patrick McHenry, R-North Carolina, ranking Republican member of the House Financial Services Committee, issued the following statement in response to the Securities and Exchange Commission's rule to extend the test-the-waters accommodation to all issuers, enabling them to gauge market interest in initial public offerings:

"I applaud the SECs commitment to strengthening our public markets, which gives everyday American investors a greater opportunity . . .

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