Small Business Forum’s Report to Congress Highlights Recommendations to Improve Capital-Raising Policy

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The U.S. Securities and Exchange Commission announced, on July 27, 2026, the release of a report to Congress summarizing outcomes from its 45th Annual Government-Business Forum on Small Business Capital Formation, held March 9, 2026. The report includes a summary of forum proceedings, policy recommendations developed by participants to improve the capital-raising framework, and the Commission’s responses to those recommendations. Sessions addressed Early-Stage Capital Raising, Growth-Stage Companies and Smaller Funds, and Small Cap Companies and the Public Markets, with participation from Commissioners and members of the public and private sectors. The SEC stated that its Office of the Advocate for Small Business Capital Formation hosts the annual forum, and that video archives and a transcript of the discussions are available online.

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