The Securities and Exchange Commission (SEC) has announced a list of rules they plan to review as part of the Regulatory Flexibility Act. The aim of this review is to determine if these rules should stay the same, be changed, or removed to lessen their economic impact on small businesses. The public is encouraged to provide feedback on these rules by January 9, 2025, to help the SEC make informed decisions. This includes important rulings such as those related to crowdfunding and small business exemptions under securities law.
Simple Explanation
The SEC is asking people for their thoughts on some rules to see if they're fair for small businesses. They want to know if the rules should stay the same, change, or go away, and people can share their ideas by January 9, 2025.