Meeting of SEC Small Business Capital Formation Advisory Committee: Pulse of the Public Markets; Compensatory Offerings for Gig Economy Workers
|Location:||Committee members and panelists will participate via WebEx - see Outlook invitation for link. Public will be able to view on www.sec.gov|
|Date:||Friday, January 29, 2021|
|Time:||10:00 – 2:30 p.m. (ET)|
|10:00||Call to order; Introductory Remarks by Commissioners|
Overview of Annual Report from the SEC’s Office of the Advocate for Small Business Capital Formation
Sebastian Gomez Abero and Jenny Riegel of the SEC’s Office of the Advocate for Small Business Capital Formation will provide an overview of the Office’s FY2020 Annual Report, with a focus on the state of small business capital formation. The report includes data from various segments of the market and provides perspective on the impact that the COVID-19 pandemic is having on small businesses, including small and emerging businesses, mature and later-stage businesses, and small public companies. The report also provides data on challenges faced by minority- and women-owned businesses, businesses in communities affected by natural disasters, and rural businesses.
Pulse of the Public Markets
The Committee will explore what is happening with smaller public companies. While large IPOs tend to get press coverage, the Committee will discuss trends among smaller public companies that may not be making it into the news. Representatives from trading venues will share some of the dynamics they are observing regarding smaller public companies, as well as innovations that are taking place and how the markets are responding.
Compensatory Offerings for Workers
On November 24, 2020, the SEC proposed amendments designed to modernize the framework that allows employees and other workers to receive equity compensation from their company. The Commission issued two proposals for public comment:
Committee members will discuss the two proposals and their experiences with equity compensation.
Wrap-up and Adjournment