SEC Approves Renewal of Advisory Committee on Small and Emerging Companies
FOR IMMEDIATE RELEASE
Washington D.C., Sept. 23, 2015 —
The Securities and Exchange Commission today announced it has approved the renewal of its Advisory Committee on Small and Emerging Companies, which will continue to focus on interests and priorities of small businesses and smaller public companies.
“This committee plays an integral role in advising the Commission on the important issues that affect small businesses,” said SEC Chair Mary Jo White. “Renewing the charter enables the Commission to continue to benefit from the committee’s expertise and advice.”
Since the committee was established in October 2011 and renewed in September 2013, it has provided recommendations to the Commission regarding rules, regulations, and policies as they relate to emerging companies with less than $250 million in public market capitalization in the areas of:
· Capital raising through private placements and public securities offerings
· Trading in the securities of small and emerging and small publicly traded companies
· Public reporting requirements of such companies
The advisory committee will continue to advise and consult with the Commission on these issues and will operate for a term of two years.
More information about the advisory committee is available at: http://www.sec.gov/info/smallbus/acsec.shtml.