15 U.S.C. § 80c–1 — Annual government-business forum on capital formation

(a) SEC responsibility. Following up on the consultation called for in section 80c, the SEC — acting through its Office of the Advocate for Small Business Capital Formation, and consulting the Small Business Capital Formation Advisory Committee — must hold an annual government-business forum reviewing the current state of small-business capital-formation problems and programs. (b) Planning participation. The SEC must invite other federal agencies (such as the Department of the Treasury and the Board of Governors of the Federal Reserve System), the Small Business Administration, organizations representing state securities commissioners, and leading small-business and professional organizations concerned with capital formation, to help plan the forum. (c) Preparing statements and reports. The SEC may ask those federal departments, agencies, or organizations — or other groups or individuals — to prepare statements and reports for the forum. Those departments and agencies must cooperate. (d) Sharing the results. A summary of the forum's proceedings, plus any findings or recommendations, must be prepared and sent to the participants, the relevant congressional committees, and anyone else who may be interested. (e) Reviewing findings and recommendations. The SEC must (1) review the forum's findings and recommendations, and (2) each time the forum submits a finding or recommendation, promptly issue a public statement that (A) assesses it, and (B) discloses what action, if any, the SEC plans to take in response.