The SEC Small Business Capital Formation Advisory Committee (SBCFAC) is set to meet on February 24, 2026. They’ll tackle critical issues impacting the private markets, key to nurturing US innovation ecosystems and supporting early-stage companies.
Historically, US private markets have been innovation incubators, offering a platform for emerging companies to secure necessary funding. The upcoming SBCFAC meeting will focus on two main subjects related to these markets. The discussions’ outcomes could potentially transform how these markets operate in the future.
Firstly, they’ll discuss the role of finders, individuals or entities connecting startups with potential investors. They often play a pivotal role in securing early-stage financing. Consequently, any regulatory changes discussed during the SBCFAC meeting could have a significant impact on this sector, considering finders’ essential role in the private market ecosystem.
Secondary Markets in Focus
Secondly, they’ll explore secondary markets for private securities. These markets enable the sale of securities from one investor to another, providing an exit strategy and potentially enhancing the attractiveness of investing in early-stage companies. The rules and regulations governing these markets are of great interest to both investors and companies.
Therefore, private market stakeholders will be eagerly watching the SBCFAC meeting. The discussions may influence the future of both finders and secondary markets, and could change how startups secure funding and investors manage their portfolios.
While the meeting focuses primarily on the US, its outcomes could have global repercussions. As a global innovation leader, the US often sets the stage for other countries with its legislative and regulatory decisions. Thus, the SBCFAC meeting’s conclusions could potentially influence policy decisions worldwide, marking it as a significant event in the global fintech landscape.
Undoubtedly, the SBCFAC’s discussions and decisions will impact the future of private markets. Aiming to ensure these markets continue to support early-stage firms’ growth, the committee will address these critical areas. This approach will contribute to preserving the vibrancy of the US innovation ecosystems.













