Fenwick’s Stephen Graham Appointed to SEC’s Small Business Capital Formation Advisory Committee

Fenwick's life sciences practice co-chair and Seattle office managing partner Stephen Graham was appointed as one of the inaugural members of the SEC’s Small Business Capital Formation Advisory Committee​.

Established by the SEC Small Business Advocate Act of 2016, the committee is designed to provide a formal mechanism for the SEC to receive advice and recommendations on rules, regulations and policy matters relating to small businesses, including smaller public companies. The committee replaces the Advisory Committee on Small and Emerging Companies, whose term expired in 2017.

“As the Commission continues to focus on facilitating capital-raising opportunities for small- and medium-sized businesses and expanding investment opportunities for retail investors, input and expertise from such an experienced and diverse set of companies, entrepreneurs, and investors will be invaluable,” said Chairman Jay Clayton and commissioners Robert Jackson, Hester Peirce, and Elad Roisman.

Graham concentrates his practice in private and public mergers and acquisitions, public offerings, private placements and corporate governance matters, and he was appointed and served as co-chair of the SEC’s Advisory Committee on Small and Emerging Companies from 2011 – 2017.​​​​