PRIA, Government Policy, Made Personal

Summary

The Securities and Exchange Commission must collect and study information about how new, small, medium-sized, and independent businesses raise money and about the problems and costs they face. The SEC must make those results public, share them with the Small Business Administration, and keep regular contact with that agency about these issues.

Title 15, §80c

Commerce and Trade, Source: USLM XML via OLRC

(a)Studies on needs, problems, and costs of businesses; availability

The Securities and Exchange Commission shall gather, analyze, and make available to the public, information with respect to the capital formation needs, and the problems and costs involved with new, small, medium-sized, and independent businesses.

(b)Availability of studies to Small Business Administration

The Commission shall make the results of such studies available to the Small Business Administration and otherwise have regular communication and liaison with such Administration in these matters.

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Pub. L. 96–477, title V, § 507, Oct. 21, 1980, 94 Stat. 2294, provided that: “Except as otherwise specified, the

Amendments

made by this title [enacting this chapter and amending section 77s of this title] shall become effective January 1 of the year following the date of enactment of this Act [Oct. 21, 1980].”

Short Title

Pub. L. 96–477, title V, § 501, Oct. 21, 1980, 94 Stat. 2291, provided that: “This title [enacting this chapter and amending section 77s of this title] may be cited as the ‘Omnibus Small Business Capital Formation Act of 1980’.”

§80c Liaison Between Securities and Exchange Commission and Small Business Administration