On March 24th, the U.S. Senate Committee on Banking, Housing and Urban Affairs Subcommittee on Securities, Insurance and Investment will hold a hearing on "Capital Formation and Reducing Small Business Burdens."  Information about the hearing is available here:  http://www.banking.senate.gov/public/index.cfm?FuseAction=Hearings.Hearing&Hearing_id=72b34807-258f-41be-ae69-42bcdb0c150a.

Also on March 24th, the U.S. House Committee on Financial Services will hold a hearing, "Examining the SEC's Agenda, Operations and FY 2016 Budget Request."  Chair White is the only witness testifying at the hearing and is expected to address the SEC's rulemaking progress toward implementation of the Dodd-Frank Act and the JOBS Act.

Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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