DOC: Recommendations from SEC Advisory Committee on Small and Emerging Companies

The second recommendation is of note…

THE COMMITTEE RECOMMENDS THAT:

The U.S. Securities and Exchange Commission should facilitate and encourage the creation of a separate U.S. equity market or markets for small and emerging companies, in which investor participation would be limited to sophisticated investors, and small and emerging companies would be subject to a regulatory regime strict enough to protect such investors but flexible enough to accommodate innovation and growth by such companies.

More on this soon