About
The Office of the Advocate for Small Business Capital Formation is an independent office established by Congress to advance the interests of small businesses, from startups to small public companies, and their investors at the SEC and in the capital markets. Through outreach and education, the office works to identify and address capital–raising issues, with a focus on the unique challenges faced by women-owned, minority-owned, rural, and natural disaster area small businesses and their investors.
The office approaches its advocacy mission by:
- Working with small businesses and their investors to understand their capital formation issues through education and outreach
- Analyzing the potential impact of proposed SEC and self-regulatory organizations (SROs) rules and regulations likely to significantly affect small businesses and their investors
- Helping small businesses and their investors resolve issues with the SEC and SROs by recommending policy changes to Congress and the Commission
View our Office flyer
Annual Report to Congress
The office issues an annual report that serves as a comprehensive resource on the dynamics of capital raising in communities across the country and includes recommendations for improving capital-raising policy.
Resources for Small Businesses
Explore SEC resources to help equip small businesses — from startup to small cap — and their investors with the tools needed to navigate capital raising.
Past Small Business Events
Find recordings and other information from previous small business events.
Reports and Publications
Check out the office's annual reports and other research on small business capital formation.
Small Business Forum
The office hosts the SEC’s annual Small Business Forum where members of the public and private sectors gather to provide feedback to improve capital-raising policy.