WASHINGTON, D.C. (May 7, 2021) -- SEC Chairman Gary Gensler testified before the House Financial Services Committee in a hearing intended to examine the trading frenzy in GameStop and other stocks earlier this year. SBIA engaged Rep. Bill Huizenga (R-MI), the ranking member of the Capital Markets Subcommittee, to raise the AFFE issue during the hearing. With [...]
WASHINGTON, D.C. (April 30, 2021) -- SEC Commissioner Hester M. Peirce released remarks from the SEC Small Business Capital Formation Advisory Committee meeting. Read remarks > ### About the Small Business Investor Alliance (SBIA) The Small Business Investor Alliance (SBIA) is the premier organization of lower middle market private equity funds and investors. SBIA works [...]
WASHINGTON, D.C. (April 19, 2021) -- During a conversation with the U.S. Chamber's Center for Capital Markets Competitiveness TV, U.S. Sen. Pat Toomey (R-PA) discussed the role of public policy in supporting capital formation for entrepreneurs and increasing investment opportunities. Watch Sen. Toomey’s segment (beginning to minute 27:00) > ### About the Small Business Investor Alliance (SBIA) [...]
WASHINGTON, D.C. (April 20, 2021) -- Members of the Small Business Investor Alliance were privy to a candid Q&A with SEC Commissioner Hester Peirce on Tuesday, April 20. The Commissioner shared her views on agency priorities under incoming Chairman Gary Gensler as well as her thoughts on a number of issues important to private equity, including [...]
WASHINGTON, D.C. (April 19, 2021) -- U.S Rep. Steve Stivers (R-OH) has announced he will retire in May, leaving a sixth vacancy in a closely divided House. Rep. Stivers has been a great friend to the Small Business Investor Alliance and one of the strongest advocates for BDCs and their investments in small businesses across the country. We would like [...]
WASHINGTON, D.C. (April 16, 2021) -- The House Financial Services Committee is scheduled to markup a number of bills dealing with ESG disclosure and board diversity of public companies, as well as requirements for companies to disclose certain political contributions. The committee will also consider a bill to mandate participation by SEC-regulated entities in SEC surveys regarding [...]
WASHINGTON, D.C. (April 15, 2021) -- The House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets held a hearing entitled, “The End of LIBOR: Transitioning to an Alternative Interest Rate Calculation for Mortgages, Student Loans, Business Borrowing, and Other Financial Products.” ### About the Small Business Investor Alliance (SBIA) The Small Business Investor [...]
WASHINGTON, D.C. (April 15, 2021) -- U.S. Sen. Elizabeth Warren (D-MA) and Rep. Sean Casten (D-IL) reintroduced legislation on the Climate Risk Disclosure Act of 2021 which would reduce the chances of environmental and financial catastrophe by requiring public companies to disclose more information about their exposure to climate-related risks. Read more > ### About [...]
WASHINGTON, D.C. (April 14, 2021) -- SEC Commissioner Hester M. Pierce released a public statement, "Rethinking Global ESG Metrics," on Wednesday. Read more > ### About the Small Business Investor Alliance (SBIA) The Small Business Investor Alliance (SBIA) is the premier organization of lower middle market private equity funds and investors. SBIA works on behalf [...]
WASHINGTON, D.C. (April 14, 2021) -- The Senate voted 53-45 to confirm Gary Gensler as Securities and Exchange Commission chairman. The SEC issued a congratulatory statement on Gensler's confirmation. Roll Call: Senate confirms Gensler to lead SEC Bloomberg (Paid Subscription): Gensler Confirmed for SEC Setting Him up to Police Wall Street Watch: Gary Gensler has a full agenda as he [...]