Section 1 Short title
This Act may be cited as the “Advocating for Small Business Act”.
Advocating for Small Business Act
A BILL
To amend the Securities Exchange Act of 1934 to establish Offices of Small Business within rule writing divisions of the Securities and Exchange Commission to coordinate on rules and policy priorities related to capital formation.
Sec. 2 Making the SEC even more small business friendly
Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is amended by adding at the end the following:
“(l) Offices of Small Business—The Commission shall establish, within each division of the Commission that performs rule writing activities, an Office of Small Business, which shall coordinate with the Office of the Advocate for Small Business Capital Formation on rules and policy priorities related to capital formation.”