SEC’s 40th Annual Small Business Forum

The Small Business Advocacy Office hosted the SEC’s annual Government-Business Forum on Small Business Capital Formation, where members of the public and private sectors gathered to provide feedback to improve capital-raising policy. The 2021 Forum took place over four virtual session featuring appearances by each of the Commissioners and an exciting line-up of speakers with in-depth knowledge of the issues facing small business and their investors across the country.

Recordings are available of each day’s session:

• Finding Your First Dollars: Navigating Your Way to Raise Early Rounds
• Doing Your Diligence: How Savvy Early-Stage Investors Build Diversified Portfolios
• Diversifying Capital Allocators: Tools for Emerging and Smaller Funds and Their Managers
• Small Cap Insights: Perspectives on Smaller Public Companies

Policy Recommendations

On September 27, 2021, the Commission delivered the 2021 Small Business Forum Report to Congress. The report summarizes the 40th annual Forum proceedings, including the recommendations developed by participants for changes to improve the capital-raising framework and the Commission’s responses to those recommendations. 

Remarks from SEC Officials

• Commissioner Hester M. Peirce
• Commissioner Caroline Crenshaw
• Martha Legg Miller, Advocate for Small Business Capital Formation

Transcripts

• Finding Your First Dollars: Navigating Your Way to Raise Early Rounds (May 24, 2021)
• Doing Your Diligence: How Savvy Early-Stage Investors Build Diversified Portfolios (May 25, 2021)
• Diversifying Capital Allocators: Tools for Emerging and Smaller Funds and Their Managers (May 26, 2021)
• Small Cap Insights: Perspectives on Smaller Public Companies Commissioner (May 27, 2021)

Reports and materials from prior forums are also online.