SEC/CORPORATE -

SEC Commissioners Announce Search for First-Ever Advocate for Small Business Capital Formation -

On September 13, the Commissioners of the Securities and Exchange Commission (SEC) announced the launch of a nationwide search for candidates to fill the new senior executive position of Advocate for Small Business Capital Formation. The position will be responsible for establishing and overseeing a new SEC office—the Office of the Advocate for Small Business Capital Formation. The establishment of this new senior executive position and new SEC office, with “the mission of advocating for the interests of small business and small business investors,” is consistent with the SEC’s recent efforts to facilitate small business capital formation.