The SEC Advisory Committee on Small and Emerging Companies debated several regulatory issues relating to the capital-raising activities of small issuers.
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SEC Commissioner Michael Piwowar expressed a commitment to support businesses in their capital-raising activities while ensuring that rules and regulations operate effectively and as intended.
Members of the North American Securities Administrators Association voted to implement a Statement of Policy governing the use of electronic offering documents and the execution of documents with electronic signatures.
In a settled administrative proceeding, Barclays Capital, Inc. agreed to refund fees to advisory clients who were overcharged.
The SEC named William Hinman as new Director of the Division of Corporation Finance.