Meeting of SEC Small Business Capital Formation Advisory Committee
Proposed Conditional Exemption for Finders; COVID-19 Updates and Discussion

Location:Committee members will participate via WebEx
Public will be able to view on
Date:Monday, November 9, 2020
Time:10:00 – 2:30 p.m. (ET)

10:00Call to order; Introductory Remarks by Commissioners

Proposed Conditional Exemption from Broker Registration Requirements for Certain Activities of Finders

On October 7, the Commission proposed a new limited, conditional exemption from broker registration requirements for “finders” who assist companies with raising capital in private markets from accredited investors. SEC staff from the Division of Trading and Markets will provide a summary overview of the proposal and then the Committee will engage in discussion about the proposal and deliberate on potential recommendations.


Lunch Break


COVID-19 Updates, Observations, and Discussion

Since the onset of the COVID-19 pandemic, the Committee has engaged in multiple discussions about how the Committee and the Commission can help small businesses address their ongoing capital needs. Members will share observations from their areas of the marketplace.


Future Topics

Members will discuss topics and ideas for future areas of focus for the Committee and Committee meetings.


Wrap-up and Adjournment