SEC Report Details Small Business Capital Formation Recommendations

The US Securities and Exchange Commission has submitted a report to Congress detailing policy recommendations derived from its 45th Annual Government-Business Forum on Small Business Capital Formation. Released on 27 July 2026, the document summarises the proceedings of the event held on 9 March 2026 and outlines the Commission’s responses to the proposals developed by participants.

The forum convened public and private sector stakeholders to discuss enhancements to the capital-raising framework for entrepreneurs, small businesses, and smaller public companies. The sessions featured remarks from each of the SEC Commissioners and focused on policy changes affecting how these entities raise capital from investors.

The report provides a comprehensive summary of the forum proceedings, highlighting the specific recommendations developed by attendees to modify the existing capital-raising framework. It also includes the Commission’s formal responses to these recommendations, offering insight into the regulator’s stance on proposed adjustments to the regulatory environment.

The SEC’s Office of the Advocate for Small Business Capital Formation is mandated by Congress to host the annual Small Business Forum. The office serves as a platform for members of the public and private sectors to provide feedback aimed at improving capital-raising policy. The Office thanked the speakers, participants, advisory planning group members, and SEC staff for their contributions to the event.

Video archives and transcripts of the discussions are available online, providing public access to the detailed deliberations held during the March forum. The release of this report marks a key step in the regulatory review process following the annual gathering of industry stakeholders.