SEC to Hold Annual Government-Business Forum on Small Business Capital Formation
The Securities and Exchange Commission will hold its annual SEC Government-Business Forum on Small Business Capital Formation on November 17 at its Washington, D.C. headquarters.
The SEC announced that this year’s forum will include two panel discussions, one on current capital formation issues for private companies and a second on initial public offerings and securities regulation involving smaller public companies.
The SEC hosts an annual forum that focuses on the capital formation concerns of small business. Called the “SEC Government-Business Forum on Small Business Capital Formation,” this gathering has assembled annually since 1982, as mandated by the Small Business Investment Incentive Act of 1980.
The forum will begin at 9 a.m. ET with the panel discussions, which will be webcast on the SEC’s website. The afternoon breakout group sessions will not be webcast but will be open to the public and accessible by teleconference.
The names of panel participants and the full agenda for the forum will be announced at a later date and posted on the SEC’s website. Members of the public are invited to make suggestions about specific topics to be discussed at the forum.
A major purpose of the Forum is to provide a platform for small business to highlight perceived unnecessary impediments to the capital-raising process. Previous Forums have developed numerous recommendations seeking legislative and regulatory changes in the areas of securities and financial services regulation, taxation and state and federal assistance.
Participants in the Forum typically have included small business executives, venture capitalists, government officials, trade association representatives, lawyers, accountants, academics and small business advocates.
In recent years, the format of the Forum typically has emphasized small interactive breakout groups developing recommendations for governmental action.
The forum will include breakout group sessions during which participants will work together to formulate specific policy recommendations.