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BIO praises Rep. Robert Hurt for introducing HR 1912.

2015-04-29 14:31:10| Industrial Newsroom - All News for Today

BIO applauds Rep. Robert Hurt (R-VA) for introducing the Small Company Disclosure Simplification Act (HR 1912) to reform the eXtensible Business Reporting Language compliance regime to reduce regulatory burden on small businesses. Legislation takes commonsense approach to the regulatory regime for public companies by exempting emerging growth companies from XBRL compliance and removing an expensive bureaucratic roadblock from the path of emerging biotech issuers.

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