Tag: small business capital formation

What happened at the Small Business Capital Formation roundtable and Advisory Committee meeting?

This is National Small Business Week and, to kick things off, the SEC today held a brief roundtable featuring representatives of small business and investment funds in a discussion of the challenges of raising funding outside of the four key tech hotspots (San Francisco, San Jose, Boston and NYC) as well as other challenges associated with public company status as a small business.  After the roundtable, the SEC’s Small Business Capital Formation Advisory Committee held its inaugural meeting.  At the meeting, Corp Fin Director Bill Hinman discussed the SEC’s agenda (including the upcoming proposal that could limit the application of the SOX 404(b) auditor attestation requirement).