SEC Forum To Probe Problems of Small Businesses

The Securities and Exchange Commission (SEC) has announced that its annual Government-Business Forum on Small Business Capital Formation will be held on September 26 and 27, 2002 in Arlington, Virginia.

The Forum is a way for small business owners and their representatives to communicate their views and needs to senior government officials. Items slated for discussion include issues in the areas of taxation and securities regulation. Suggestions are welcome on ways to eliminate unnecessary governmental impediments to raising capital and seeking credit.

In addition, senior staff from the SEC's Divisions of Corporation Finance, Investment Management and Market Regulation will be available to discuss new initiatives the staff is considering and the impact these initiatives may have on small businesses.

The Forum will also consider the implications to small business of current developments relating to accounting practices this year.

Following tradition set in prior years, the Forum will produce a final report, including recommendations for government action. The reports for the last ten years can be found on the SEC’s Web site.

For further information, contact Anthony Barone or Twanna Young in the Office of Small Business Policy in the Division of Corporation Finance at (202) 942-2950, or send an e-mail to e-prospectus@sec.gov.

-Rosemary Schlank

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