· Mark T. Uyeda · U.S. Securities and Exchange Commission WikiRemarks to the Small Business Capital Formation Advisory Committee
Read full speech on sec.gov ↗ContextSpeech by Mark T. Uyeda, Chair of the U.S. Securities and Exchange Commission.
Why it mattersThe acting SEC chair questions limits that stop small unlisted firms from raising capital quickly.
Problems raised
- Disclosure costs weigh heavily on small companies.
- Small unlisted firms cannot use shelf registration.
- Low-liquidity stocks can be prone to manipulation.
Solutions proposed
- Scale disclosure to company size.
- Reconsider shelf registration limits for small firms.
- Balance capital access with investor protection.