The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee will meet on Friday, April 30, to home in on solutions to increase access to capital for underrepresented founders and investors from smaller, regional funds.
Following its August 2020 meeting, the Committee presented findings encouraging the Commission to improve access to capital for underrepresented founders and investors. The April 30 discussion will revisit feedback shared during prior meetings and will include a presentation from the Office of the Advocate for Small Business Capital Formation highlighting data quantifying differential access to capital across demographic groups and geographies. Following discussion on potential solutions to improve equitable access to capital, the Committee will deliberate on potential recommendations. The full agenda for the meeting is available with other meeting materials on the Committee’s webpage.
About the Committee: The Committee was established by Congress to provide the Commission with advice and recommendations on Commission rules, regulations, and policy matters relating to small businesses, from privately-held emerging companies to smaller public companies. The Committee has recently informed the Commission on a number of pertinent rulemaking and policy priorities, providing valued feedback into the regulatory process. Additional information on the Committee, including its members, is available on the Committee webpage.