The Securities and Exchange Commission (SEC) is asking for public comments on a proposed extension of its information collection aimed at helping small businesses. The SEC’s Office of the Advocate for Small Business Capital Formation plans to gather feedback to improve its communication and outreach efforts. They will collect data on demographics, the effectiveness of outreach materials, and the issues faced by small businesses. The public can submit written comments on the necessity and burden of this information collection until April 7, 2025.
Simple Explanation
The SEC wants to hear what small businesses think about their help and information sharing, so they’re asking lots of small business owners some questions. They want people to share ideas before April 7, but they haven’t explained much about the costs or how they’ll use the answers to make things better.