Remarks at the Small Business Capital Formation Advisory Committee Meeting
Good morning, ladies and gentlemen. It is a pleasure to welcome you to today’s Committee meeting. While I very much regret that I am unable to join you in person, I am grateful for the opportunity to share a few reflections with you virtually. Before discussing the items on today’s agenda, I should like to recognize the prior work of this Committee to help widen pathways for individuals to qualify as accredited investors, particularly based on criteria beyond income or wealth. Turning to today’s meeting agenda, I should like to share a few reflections on my IPO Modernization initiative and Regulation Crowdfunding. At the Committee’s last meeting in July, I discussed the Commission’s proposals for optional semiannual reporting, simplification of filer status, and registered offering reform. I am pleased that this Committee issued recommendations last month in support of all three…
