Wasatch Portfolio Manager Dan Chace to Serve on new SEC Advisory Committee(September 13, 2011)
Wasatch Fund Manager Dan Chase invited to serve on SEC Committee.
SEC Announces Formation of Advisory Committee on Small and Emerging Companies.
Salt Lake City , UT Sept. 13, 2011 — Wasatch Micro Cap Portfolio Manager, Dan Chace was recently invited by the Securities and Exchange Commission to serve on a newly formed Advisory Committee on Small and Emerging Companies. The new entity will focus on interests and priorities of small businesses and smaller public companies.
The Advisory Committee will seek to provide insight and recommendations to the Commission for small, private companies and public companies whose market capitalization is below $250 million on issues such as:
- Capital raising through private placements and public securities offerings.
- Trading in the securities of small and emerging and small publicly traded companies.
- Public reporting requirements of such companies.
Additionally, two specific topics the Commission would like the Committee to help address are: triggers for public reporting and rules restricting general solicitation in private securities offerings
Mr. Chase will be one of seventeen members serving on the newly formed Committee.
To read the complete article on the SEC website click: ( Here )
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