SEC Committee To Examine Capital Raised By SMEs

The Advisory Committee on Small and Emerging Companies at the SEC announced they will meet next week (February 25th) to examine the capital raised in “unregistered securities offerings”

The committee provides a mechanism for the regulator to receive recommendations on small enterprises, both public and private with a market cap of less than $250 million. Stephen M. Graham, Managing Partner of Fenwick & West LLP’s Seattle office, and Sara Hanks, CEO of CrowdCheck will serve as co-chairs of the committee.

“Small businesses play a crucial role in our nation’s economy,” said SEC Chair Mary Jo White.  “The advisory committee members have a wealth of experience and ideas that will help inform the Commission on the many important issues affecting small and emerging businesses.”