The Securities Exchange Commission recently announced the formation of the Advisory Committee on Small and Emerging Companies. The SEC established this committee for the purpose of protecting the interests of privately held small businesses and publicly traded companies with market capitalizations below $250 million.

Small business owners as well as the officers and directors of the smaller publicly traded companies will now have more say in what the SEC can do to facilitate funding for these organizations in the capital marketplace. The SEC’s primary goal with this committee will be to ensure that regulatory burdens on small business investors are not overly burdensome. The committee’s members will consist of corporate directors, officers and attorneys.