BDC
SBIA calls on Biden Administration to reinstate EBITDA standard
SBIA calls on Biden Administration to reinstate EBITDA standard SBIA signs joint letter asking Treasury to include the issue in its FY23 Budget March 14, 2022 (Washington, D.C.) – As a member of the Coalition for America’s Interest (EBITDA coalition), the Small Business Investor Alliance (SBIA) signed a joint letter to U.S. Treasury Secretary Janet Yellen…
Read MoreSEC Chair issues generic response on co-investment relief for BDCs
SEC Chair issues generic response on co-investment relief for BDCs SBIA continues push to make relief permanent March 2, 2022 (Washington, D.C.) – Following a House Financial Services oversight hearing last October, U.S. Rep. Bryan Steil (R-WI) posed a follow-up question to Securities and Exchange Commission (SEC) Chair Gary Gensler on co-investment transactions. While the…
Read MoreCoalition letter to U.S. Department of Treasury re: EBITDA Standard
Coalition letter to U.S. Department of Treasury re: EBITDA Standard On Thursday, April 11, SBIA participated in the annual Securities and Exchange Commission’s (SEC) Small Business Forum and submitted a series of policy recommendations. The Forum is an opportunity for market participants to engage with the Commission on small and midsize business capital formation and…
Read MoreSEC Chair responds to proposed AFFE rule
SEC Chair responds to proposed AFFE rule In Question #5, Gensler addresses the proposed AFFE rule for BDCs. February 16, 2022 (Washington, D.C.) – Securities and Exchange Commission (SEC) Chair Gary Gensler has responded in writing to questions posed by U.S. Sen. Tim Scott (R-SC) during last fall’s Senate Banking, Housing, and Urban Affairs Committee oversight hearing.…
Read MoreCongressional Letter to SEC re: Co-investment Transactions
Congressional Letter to SEC re: Co-investment Transactions U.S. Representative Gwen Moore and U.S. Representative Bryan Steil sent a letter to Securities and Exchange Commission Chair Gary Gensler urging the agency to make permanent the exemptive relief that allows business development companies (BDCs) and their affiliates flexibility to participate in certain “follow-on” co-investments. Categories BDC BDC…
Read MoreComment Letter to SEC re: Co-investment Transactions
Comment Letter to SEC re: Co-investment Transactions The Small Business Investor Alliance sent a comment letter to the Securities and Exchange Commission (SEC) regarding business development company co-investment transactions. Categories BDC BDC Comment Letters BDC Success Stories Comment Letter Congress ISF Perspectives LP Middle Market News Press Release RBIC SBA SBIC Small Business Investor Alliance…
Read MoreComment Letter to House Leadership re: Qualified Small Business Stock (QSBS) Exclusion
The Small Business Investor Alliance joined a coalition letter to House Speaker Nancy Pelosi and House Majority Leader Kevin McCarthy, urging policymakers to preserve the Qualified Small Business Stock (QSBS) exclusion that successfully bolsters investment in innovative small businesses and startups.
Read MoreComment Letter re: Proposed Taxes on Long-Term Capital Gains
Members of the Small Business Investor Alliance signed a joint letter to House and Senate leaders expressing “deep concern over current proposals in Congress that would unfairly tax investments made in small businesses.”
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