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SEC Advisory Committee Turns Spotlight on Finders and Secondary Market Growth

The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee convened virtually on February 24, 2026, marking its first meeting of the year following the government shutdown that disrupted its...more

SEC Chair Addresses Congress on Approach to Capital Formation, Regulatory Reform and Digital Assets

Securities and Exchange Commission Chair Paul Atkins testified before the House Financial Services Committee and the Senate Committee on Banking, Housing, and Urban Affairs last week, presenting a comprehensive overview and...more

Staff Report from the Office of the Advocate for Small Business Capital Formation: Part II

IPOs and Small Public Companies As we noted in our prior post, the Office of the Advocate for Small Business Capital Formation recently issued its Staff Report for fiscal year 2025, which provides information on the Office’s...more

Understanding the Spectrum of Permanent Capital Vehicles

Asset management vehicles, especially those regulated under the Investment Company Act of 1940 (the 1940 Act), are frequently painted with a broad brush and described as having the same or virtually indistinguishable...more

Staff Report from the Office of the Advocate for Small Business Capital Formation

The Office of the Advocate for Small Business Capital Formation recently issued its Staff Report for fiscal year 2025, which provides information on the Office’s activities.  As do prior reports, this Report provides a...more

Nasdaq Proposes 23-Hour Weekday Trading

On December 15, 2025, Nasdaq submitted a proposed rule change to the Securities and Exchange Commission (the “SEC”) seeking approval to expand significantly its equity trading hours.  If approved, the change would allow...more

2026 U.S. Annual Report and Proxy Season: It’s Go Time!

Although it may seem early, it is already time to start preparing for the 2026 annual report and proxy season. While many disclosure requirements remain consistent from prior years, there has been a significant shift in the...more

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