Tagged: advisory committee on small and emerging companies

SEC Chairman Jay Clayton Comments on Final ACSEC Meeting as Transition to New Committee Commences

ACSEC memebers 2017

Yesterday the final meeting of the Securities and Exchange Commission’s Advisory Committee on Small and Emerging Companies (ACSEC) took place in Washington, DC. ACSEC, launched in 2011, will now transition over to the Small Business Capital Formation Advisory Committee – an entity with a similar… Read More

EY: Public Listings Have Declined by More than 50% Since 1996 Peak (Deck)

Glen Giovannetti EY ACSEC 2017

As part of the SEC Advisory Committee on Small and Emerging Companies meeting last week, there were two presentations on the decline of IPOs in the US. The first was provided by the law firm Goodwin was shared earlier on Crowdfund Insider. Also in attendance… Read More

Why Are More Companies Staying Private? (Deck)

James Hutchinson ACSEC 2017

Why are more companies staying private? That’s a good question. Many moons ago, it was the ambition of most young promising companies to get big enough to “go public” and do an initial public offering (IPO). Becoming a listed company was viewed as a stamp… Read More

SEC Advisory Committee on Small & Emerging Companies Schedules Public Call for December 7th

ACSEC November 2016

The SEC Advisory Committee on Small & Emerging Companies (ACSEC) has scheduled a conference call for its next public meeting. The December 7 meeting of ACSEC will begin at 11:00 a.m. ET and live audio will be available on the SEC’s website.  According to the… Read More

SEC ACSEC Meeting Agenda for October 5th

ACSEC Sarah Hanks and Stephen Graham

The Securities and Exchange Commission (SEC) has announced the agenda for the Advisory Committee on Small and Emerging Companies (ACSEC) meeting scheduled for October 5th. The Committee will be reviewing regulation S‑K disclosure requirements, research regarding corporate board diversity, and outreach to smaller companies about… Read More

SEC ACSEC Meeting to Review Reg A+, Elio Motors Experience

Paul Elio

The SEC Advisory Committee on Small and Emerging Companies (ACSEC) has published its agenda for its meeting next week and it should be a more interesting gathering. As part of the ACSEC program, the SEC Division of Corporate Finance will deliver an update on the… Read More

SEC Advisory Committee on Small & Emerging Companies Schedules Meeting for July 19th

Sara Hanks ACSEC

The SEC Advisory Committee on Small & Emerging Companies (ACSEC) has scheduled its next meeting for Tuesday, July 19, 2016 commencing at 9AM. These meetings are held at the SEC Headquarters in Washington, DC and are open to the public. The SEC will live-stream the… Read More

CrowdCheck CEO Sara Hanks Appointed Co-Chair of SEC Advisory Committee on Small and Emerging Companies

Sara Hanks at SEC IAC

The Securities and Exchange Commission has announced the updated roster of the Advisory Committee on Small and Emerging Companies (ACSEC). Within the announcement was an important change as Sara Hanks has been elevated to Co-Chair of the advisory group.  Hanks, a former SEC attorney and… Read More

Mary Jo White: Comments on Crowdfunding Rule-Making

Mary Jo White

Last week the SEC Advisory Committee on Small and Emerging Companies convened to take up several important issues that impact SMEs and economic growth.  SEC Chair Mary Jo White has made it a habit of opening this meeting – indicative of the import she has… Read More

SEC Renews Advisory Committee on Small & Emerging Companies for 2 More Years

ACSEC 2015

The SEC has renewed the mandate for the Advisory Committee on Small and Emerging Companies (ACSEC) for two more years.  The committee’s charter is to  provide the SEC with advice on rules and policies that protect investors while aiding in capital formation, specifically with SMEs…. Read More

Advisory Committee on Small & Emerging Companies Submits Recommendations to SEC

ACSEC 2 September 2015

The Advisory Committee on Small & Emerging Companies (ACSEC) convened today (September 23, 2015), submitting their recommendations on three different areas regarding securities regulations. The three items include: Modernizing Rule 147 under the Securities Act of 1933 (impacting intrastate investment crowdfunding) Expanding Simplified Disclosures for Smaller… Read More

SEC Posts Agenda for Advisory Committee on Small & Emerging Companies

SEC Securities and Exchange Commission e1442489974643

The SEC has published the agenda for the forthcoming meeting of its Advisory Committee on Small and Emerging Companies (ACSEC). According to the SEC, the group will focus on adopting recommendations related to intrastate crowdfunding, the treatment of so-called “finders” that assist companies in capital raising… Read More

SEC Advisory Committee on SMEs to Meet on September 23rd

SEC Committee on Small and Emerging Companies

The SEC Advisory Committee on Small and Emerging Companies (ACSEC) will be holding its next meeting at the SEC headquarters on Wednesday, September 23rd.  The meeting will commence at 9:30AM and is open to the general public.  The SEC will live-stream the event on the… Read More

SEC Advisory Committee Recommends Modernizing Rule 147 To Support Intrastate Crowdfunding

ACSEC Kara Stein and Stephen Graham

The Securities and Exchange Commission’s (SEC) Advisory Committee on Small and Emerging Companies met in early June to discuss various topics concerning, of course, small businesses. One of the primary topics the Committee addressed was the growing enactment and use of state-based crowdfunding (i.e. “Intrastate… Read More

SEC Schedules Next Meeting of the Advisory Committee on Small & Emerging Companies

Walking to the SEC Securities and Exchange Commission

The Advisory Committee on Small and Emerging Companies (ACSEC) has scheduled its next gathering to be held at the SEC offices on June 3rd.  The announced agenda lists topics including; public company disclosure effectiveness, intrastate crowdfunding, venture exchanges, and treatment of “finders.” SEC Chair Mary Jo… Read More

SEC Investor Advisory Committee Scheduled to Meet in April. Will Review Recommendations of SME Committee

Barbara Roper Investor Advisory Committee

The SEC Investor Advisory Committee (IAC) has scheduled their next gathering at F Street in DC to be held on April 9th.  The group is ostensibly an advocate on behalf of all investors but has a tendency to be more on the side of protection as opposed… Read More

JOBS Act State of the Union: What’s Become of Regulation A+ and Crowdfunding?

State of the Union Framed

To borrow a line from SEC Commissioner Daniel M. Gallagher, quoting from the fight song of his alma mata, Georgetown University:  Oh How Long It’s Been! As we approach the three year anniversary of the signing into law of the JOBS Act of 2012 it… Read More

Secondary Trading Developments (Deck)

Annmarie Tierney

During the gathering of the SEC Advisory Committee on Small and Emerging Companies (ACSEC) considerable time was spent discussing secondary markets and venture exchanges.  This is an area that has captured the attention of SEC Chair Mary Jo White.  Having the SEC Chair as a… Read More

David Weild: The Need for a Venture Exchange (Deck)

David Weild and Vince Molinari

David Weild, former Vice Chair of Nasdaq and current CEO of IssuWorks, delivered a presentation to the SEC Advisory Committee on Small and Emerging Companies that addressed the issue of venture exchanges.  The need for a venture exchange has recently percolated up in discussion as… Read More

SME Advisory Committee on Reg A+: SEC Review is Sufficient for Investor Protection. State Blue Sky Review Must Be Preempted.

Michael Pieciak

The SEC Advisory Committee on Small and Emerging Companies tackled the highly contentious issue of state Blue Sky Review preemption today regarding Title IV of the JOBS Act. Commonly called Reg A+, the SEC has recommended pre-empting state review as it is widely understood to have… Read More

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