WASHINGTON, D.C. (January 14, 2022) – The Securities and Exchange Commission (SEC) indicated its plans for this year include tightening up accredited investor criteria and making changes to the 12(g) thresholds that trigger when companies go public. While SEC Chair Gary Gensler has focused his public comments on “unicorns”, the items on the rulemaking agenda will likely apply across the private equity world. On CNBC, Gensler discussed upcoming proposals to require greater disclosure from private funds.
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 of its members as a tireless advocate for policies that promote competitive markets and robust domestic investment for growing small businesses. SBIA has been playing a pivotal role in promoting the growth and vitality of the private equity industry for over 60 years. For more information, visit www.SBIA.org or call (202) 628-5055.