SEC Announces Members of Small Business Capital Formation Advisory Committee

The Securities and Exchange Commission today announced the inaugural members of the Small Business Capital Formation Advisory Committee. The Committee will hold its first meeting on Monday, May 6, 2019, at the SEC’s headquarters in Washington, D.C. The Committee was established by the SEC Small Business Advocate Act of 2016, and is designed to provide a formal mechanism for the Commission to receive advice and recommendations on Commission rules, regulations and policy matters relating to small businesses, including smaller public companies. The Committee replaces the Advisory Committee on Small and Emerging Companies, whose term expired in 2017. Chairman Jay Clayton and Commissioners Robert Jackson, Hester Peirce, and Elad Roisman said, “We are excited to have this important advisory Committee up and running.