Nashville’s nickname of “Music City” comes from its reputation as home to live music—from honky-tonks to the Grand Ole Opry. But more recently the city has been earning a reputation as home to a booming economy, garnering the attention of entrepreneurs everywhere.
Chairman Jay Clayton and Division of Corporation Finance Director Bill Hinman were recently in Music City at the 36|86 Entrepreneurship Festival, lending the SEC’s voice to exciting conversations about capital formation.
“Bill and I are here today as fans of the Music City’s vibrant ecosystem for startups,” said Chairman Jay Clayton. “Nashville’s array of incubators, accelerators, co-working spaces, and startup competitions, in combination with active angel investor and venture capital communities, provide fertile ground for startups to get traction and then thrive.”
– Chairman Jay Clayton
The two-day event brought together small businesses, thought leaders, industry, investors and regulators to share ideas, knowledge and the latest trends on accessing capital. The SEC’s most recent efforts to foster capital innovation include the agency’s approach to distributed ledger technology, digital assets, and ICOs-balancing new technology while still advocating for investor protection.
Following their appearance at the 36 | 86 Festival, Chairman Clayton and Director Hinman spoke at Vanderbilt University’s Owen Graduate School of Management. They took questions from business students on capital formation, FinTech and distributed ledger technology issues, proposed Regulation Best Interest, and other issues.
You can read all of Chairman Clayton’s remarks at the 36 | 86 Festival here.
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