SEC Seeks More Small Biz Feedback: Yawn-Worthy Extension Ahead
Published Date: 4/11/2025
Notice
Summary
The SEC’s Office of the Advocate for Small Business Capital Formation is asking small businesses and their investors for feedback to improve its outreach and support programs. This extension lets them keep collecting helpful info—like who’s using their services and what challenges they face—without costing businesses much time or money. They expect about 10,000 responses over the next three years to make their work even better and more useful.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
SEC Office Continues Small-Business Feedback
The SEC’s Office of the Advocate for Small Business Capital Formation will keep collecting feedback from small businesses and their investors under a generic clearance for the next three years. The office expects about 10,000 respondents and 10,000 responses per year, with each response taking about 5 minutes (about 833 burden hours annually); the OMB control number is 3235-0787 and public comments are invited by May 12, 2025.
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