SEC Chair Jay Clayton urged the Small Business Capital Formation Advisory Committee to consider ways to facilitate opportunities for "Main Street" investors and to support small businesses through private placements.
At an Investor Advisory Committee meeting, SEC Commissioner Allison Herren Lee recommended improving disclosures on environmental, social and governance data.
The Investment Company Institute and the Managed Funds Association responded to an SEC concept release on Securities Act registration exemptions that facilitate capital raising.
SEC Chair Jay Clayton highlighted the agency's commitment to ensuring that the public securities markets work in a fair, orderly and efficient manner and to fostering small business capital formation.
The House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets examined several proposed bills concerning the current exempt offering framework in private securities markets.
North American Securities Administrators Association President Christopher Gerold will focus on compliance enforcement, private placement and Regulation Best Interest during his term.
The SEC Division of Corporation Finance designated a Taiwan stock exchange as a "designated offshore securities market" under Securities Act rules and regulations.
SEC Commissioner Hester Peirce and SEC Advocate for Small Business Capital Formation Martha Miller emphasized the importance of a regulatory framework that facilitates capital investment in regional economies.
