; or (bb) the average daily trade volume is 75,000 shares or less during a continuous 60-day period. (ii) Treatment when public float exceeds threshold Securities shall not cease to be venture securities by reason of the public float of the issuer of such securities exceeding the threshold specified in clause (i)(III)(aa) until the later of the following: (I) The end of the period of 24 consecutive months beginning on the date— (aa) the public float of such issuer exceeds $2,000,000,000; and (bb) the average daily trade volume of such securities is 100,000 shares or more during a continuous 60-day period. (II) The end of the 1-year period following the end of the 24-month period described under subclause (I), if the issuer of such securities requests such 1-year extension from a venture exchange and the venture exchange elects to provide such extension. . (b) Securities Act of 1933 Section 18(b)(1) of the Securities Act of 1933 ( 15 U.S.C. 77r(b)(1) ) is amended— (1) in subparagraph (B), by striking or at the end; (2) in subparagraph (C), by striking the period and inserting ; or ; and (3) by adding at the end the following: (D) a venture security listed on a venture exchange, other than those of an early-stage growth company (as such terms are defined, respectively, under section 6(m) of the Securities Exchange Act of 1934). . (c) Sense of Congress It is the sense of the Congress that the Securities and Exchange Commission should— (1) when necessary or appropriate in the public interest and consistent with the protection of investors, make use of the Commission’s general exemptive authority under section 36 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78mm ) with respect to the provisions added by this section