SEC Small-Cap Advisory Panel Sets July 21 IPO Reform Meeting

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- SEC's Small Business Capital Formation Advisory Committee will hold an open meeting on Tuesday, July 21, 2026 at 10 a.m. at the agency's Washington D.C. headquarters, with a live stream on SEC.gov.
- Committee members will build on prior-meeting ideas aimed at encouraging companies to go and stay public, including modernizing the IPO process and weighing recently proposed SEC rulemakings designed to reduce regulatory friction.
- Division of Corporation Finance staff will brief the committee on recent relevant rulemakings to deepen members' understanding of the regulatory landscape.
- Daniel Zinn, General Counsel and Chief of Staff at OTC Markets Group, will share perspectives on supporting small public company capital formation.
- Sue Washer, biotechnology consultant and former CEO of Applied Genetic Technologies Corporation, will also present her experiences and views on the same topic.
Why it matters: The July 21 session is a direct channel for small-cap and pre-IPO companies to surface regulatory pain points to SEC staff, and the committee's focus on recently proposed rulemakings suggests specific capital-formation reforms could move forward based on member recommendations.
