At a meeting of the SEC Small Business Capital Formation Advisory Committee, SEC Commissioners considered the implications for retail investors of shifting trends in companies' pathways to going public.
In a report submitted to Congress, the SEC Office of the Advocate for Small Business Capital Formation summarized policy recommendations made by participants at the SEC's 40th Annual Small Business Forum.
The SEC issued a no-action letter to FINRA stating that it will not take enforcement action against member firms that do not comply with quotation rules on fixed income securities until January 3, 2022.
The SEC Division of Corporation Finance provided companies with an example of a letter "containing sample comments that the Division may issue to companies regarding their climate-related disclosure or the absence of such disclosure."
The SEC charged three individuals and an issuer with conducting two fraudulent crowdfunding schemes; the SEC also brought charges against the registered crowdfunding portal on which the offerings were conducted and its CEO for failing to respond to red flags.