SEC Advisory Committee Agenda Published

The SEC announced that the next meeting held on June 3^rd of its Advisory Committee on Small and Emerging Companies will focus on public company disclosure effectiveness, intrastate crowdfunding, venture exchanges, and treatment of "finders."  The Committee also will vote on a recommendation to the Commission regarding the "Section 4(a)(1½) exemption" sometimes used by shareholders to resell privately issued securities.  This topic was initially discussed at the committee's March 4 meeting.  The exemption is the subject of proposed legislation, titled the RAISE Act, and sponsored by Congressman McHenry.  See the SEC's notice here:  http://www.sec.gov/news/pressrelease/2015-101.html