The SEC has announced the agenda for its May 18 meeting of the Advisory Committee on Small and Emerging Companies. The meeting will focus on the definition of "accredited investor", where the recent SEC staff report will be discussed. The Committee is then set to discuss unregistered securities offerings under Regulation D.

The meeting will begin at 9:30am ET and is open to the public. For more information, please see the SEC's press release.

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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