Small Business Advisory Committee to Host Meeting to Discuss Alternatives to Traditional Private Company Financing, Private Fund Reforms, and Public Company Investment Research

The U.S. Securities and Exchange Commission, SEC, has published a press statement to inform that its Small Business Advisory Committee will hold a meeting on February 7, 2023 to discuss, among other things, possible impacts of the Commission’s proposed enhancements to the disclosure requirements and audit obligations of private funds (please see EventID 14399 in this context). The Committee will further evaluate funding alternatives for small companies and examine „the current availability of public company investment research prepared by broker-dealer firms, including what impact its availability has on liquidity for smaller public companies, how the analysis reaches investors, and the value of that research for investors“.
The meeting will be open to the public and may be followed via the Commission’s website at www.sec.gov. It will take place between 10 a.m. and 3:30 p.m. on that day. The agenda to the meeting may be found here.