SEC Small Business Capital Formation Advisory Committee to Meet in April

The Securities and Exchange Commission, Small Business Capital Formation Advisory Committee (SBCFAC), is scheduled to reconvene on April 28th. The meeting will be livestreamed and available to the public.

At the last SBCFAC gathering, in February, the group discussed issues like Finders and secondary markets in private securities.

Regarding Finders, the Committee voted to adopt principles to guide the SEC in creating new rules to enable Finders to pair investors with early-stage firms.

The goal is to “keep it simple” and accessible without limiting it to professionals.

The Committee suggested a notice filing that includes fees or compensation.

During the April meeting, you may expect final recommendations for Finders.

Next month, a complete agenda should be made available.

 

 



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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Nov 4, 2026 vs Jan 1, 2025 - Nov 4, 2025

Share this graph
Number of Filings134Prior 129 +3.9%
Target Raise, Total$3.45BPrior $3.59B -3.8%
This YTDYear priorChange
Filings 134 129 +3.9%
Target raise $3.45B $3.59B -3.8%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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