SEC Holds Meeting of Advisory Committee on Small and Emerging Companies (with Delta Strategy Group Summary)

The SEC held a meeting of its Advisory Committee on Small and Emerging Companies ("Advisory Committee"). The meeting concerned public company disclosure effectiveness, intrastate crowdfunding, venture exchanges and the treatment of "finders."

The Advisory Committee also approved its written recommendation to the SEC regarding the "Section 4(a)(1½) exemption," which is sometimes used by shareholders to resell privately issued securities.

Click here for a meeting summary prepared by Delta Strategy Group.

See:Meeting Agenda; Chair White's Opening Remarks. Related news: SEC Announces Agenda for Advisory Committee on Small and Emerging Companies (May 28, 2015).