Legal Alert

SEC Announces Ad Hoc Meeting of Small Business Capital Formation Advisory Committee and Virtual Coffee Breaks in Response to COVID-19 Challenges Faced By Small Businesses

by the Securities and Capital Markets Group
April 1, 2020

On March 31, 2020, the Securities and Exchange Commission (SEC) announced that its Small Business Capital Formation Advisory Committee (Committee) will host a meeting via video conference on April 2, 2020 from noon to 1:30 p.m. ET, in response to the challenges small businesses are facing in coping with Coronavirus Disease 2019 (COVID-19). The meeting can be viewed live via webcast on the SEC’s website and will discuss how the Committee and the SEC can help small businesses address their short-term capital needs.

The SEC also announced that beginning on April 3, 2020 at 11:00 a.m. ET, the Office of the Advocate for Small Business Capital Formation will begin hosting a series of virtual coffee breaks to engage with the public to discuss updates, trends, and perspectives on how COVID-19 is impacting raising capital. Each virtual coffee break will spotlight what is happening in a particular area of the market. A link to the virtual coffee breaks event page can be found here

A link to the two press releases can be found here and here.

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