[Federal Register Volume 80, Number 188 (Tuesday, September 29, 2015)]
[Notices]
[Page 58528]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-24634]


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SECURITIES AND EXCHANGE COMMISSION

[Release Nos. 33-9927; 34-75973; File No. 265-27]


Advisory Committee on Small and Emerging Companies

AGENCY: Securities and Exchange Commission.

ACTION: Notice of Federal Advisory Committee Renewal.

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SUMMARY: The Securities and Exchange Commission is publishing this 
notice to announce the renewal of the Securities and Exchange 
Commission Advisory Committee on Small and Emerging Companies.

FOR FURTHER INFORMATION CONTACT: Julie Davis, Senior Special Counsel, 
Office of Small Business Policy, Securities and Exchange Commission, 
100 F Street NE., Washington, DC 20549, (202) 551-3460.

SUPPLEMENTARY INFORMATION: In accordance with the requirements of the 
Federal Advisory Committee Act, 5 U.S.C.--App., the Commission is 
publishing this notice that the Chair of the Commission, with the 
concurrence of the other Commissioners, has approved the renewal of the 
Securities and Exchange Commission Advisory Committee on Small and 
Emerging Companies (the ``Committee''). The Chair of the Commission 
affirms that the renewal of the Committee is necessary and in the 
public interest.
    The Committee's objective is to provide the Commission with advice 
on its rules, regulations, and policies, with regard to its mission of 
protecting investors, maintaining fair, orderly, and efficient markets, 
and facilitating capital formation, as they relate to the following:
    (1) Capital raising by emerging privately held small businesses 
(``emerging companies'') and publicly traded companies with less than 
$250 million in public market capitalization (``smaller public 
companies'') through securities offerings, including private and 
limited offerings and initial and other public offerings;
    (2) trading in the securities of emerging companies and smaller 
public companies; and
    (3) public reporting and corporate governance requirements of 
emerging companies and smaller public companies.
    Up to 20 voting members will be appointed to the Committee who can 
effectively represent those directly affected by, interested in, and/or 
qualified to provide advice to the Commission on its rules, 
regulations, and policies as set forth above. The Committee's 
membership will continue to be balanced fairly in terms of points of 
view represented and functions to be performed. Non-voting observers 
for the Committee from the North American Securities Administrators 
Association and the U.S. Small Business Administration may also be 
named.
    The charter provides that the duties of the Committee are to be 
solely advisory. The Commission alone will make any determinations of 
action to be taken and policy to be expressed with respect to matters 
within the Commission's authority as to which the Committee provides 
advice or makes recommendations. The Committee will meet at such 
intervals as are necessary to carry out its functions. The charter 
contemplates that the full Committee will meet four times annually. 
Meetings of subgroups or subcommittees of the full Committee may occur 
more frequently.
    The Committee will operate for two years from the date it was 
renewed or such earlier date as determined by the Commission unless, 
before the expiration of that time period, it is renewed in accordance 
with the Federal Advisory Committee Act. A copy of the charter for the 
Committee has been filed with the Chair of the Commission, the 
Committee on Banking, Housing, and Urban Affairs of the United States 
Senate, the Committee on Financial Services of the United States House 
of Representatives, the Committee Management Secretariat of the General 
Services Administration, and the Library of Congress. It also has been 
posted on the Commission's Web site at www.sec.gov.

    By the Commission.
    Dated: September 24, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-24634 Filed 9-28-15; 8:45 am]
 BILLING CODE 8011-01-P