Remarks At The 2012 SEC Government-Business Forum On Small Business Capital Formation

A special “thank you” is due to Gerald Laporte and everyone else at the SEC who had a hand in organizing this terrific event. I also want to thank our distinguished panelists. The success of this gathering depends on your willingness to explore with the Commission what it takes for entrepreneurs and small companies to access the funding they need to start up and grow.

Let me begin with the bottom line: Now more than ever we need to take concrete steps to promote small business.* Particularly with the present state of our economy, small business capital formation must become a leading priority of the SEC. We need to promote small business because startups and growth companies create jobs and foster the opportunities that allow individuals to achieve their goals and aspirations. We all benefit when the economy is doing well and when individuals are able to fulfill their ambitions.

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