SEC Small Business Advisory Committee to Convene on IPO Market Activity
Securities and Exchange Commission
The Securities and Exchange Commission announced a forthcoming meeting of its Small Business Capital Formation Advisory Committee scheduled for April 28, 2026.
The open session will focus on evaluating the existing regulatory framework and exploring avenues to encourage an increase in initial public offerings.
The morning session will feature committee members assessing the current state of the IPO market and analyzing how market shifts and diminished IPO activity affect the public offering ambitions of companies, particularly small-cap entities.
Edwin O’Connor, Partner and Co-Chair of Capital Markets at Goodwin Procter LLP, will present an analysis of IPO market trends and contributing factors.
The discussion will continue into the afternoon session with an underwriting perspective, featuring insights on equity capital markets from Beau Bohm, Managing Director at Cantor Fitzgerald.
This proceeding serves as an advisory mechanism to inform future federal actions rather than implementing immediate regulatory alterations.
The committee is explicitly tasked with providing actionable advice and formal policy recommendations to the SEC concerning rules and regulations that govern small businesses.
The proceeding's scope is strictly focused on small business capital formation and IPO market dynamics.
The meeting will be accessible to the general public, held on-site at the SEC’s Washington, D.C. headquarters, and broadcast via a live stream on the agency's official website.
