This bill, titled the "Advocating for Small Business Act," proposes to amend the Securities Exchange Act of 1934 to enhance the Securities and Exchange Commission's focus on small business concerns. It mandates the establishment of an Office of Small Business within every division of the SEC responsible for rule-writing activities. These new offices are tasked with coordinating closely with the existing Office of the Advocate for Small Business Capital Formation . This coordination will center on developing rules and policy priorities that directly impact capital formation for small businesses, aiming to make the SEC more small business friendly.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held
Ordered to be Reported by the Yeas and Nays: 50 - 4.
Placed on the Union Calendar, Calendar No. 207.
Reported by the Committee on Financial Services. H. Rept. 119-250.
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held
Ordered to be Reported by the Yeas and Nays: 50 - 4.
Placed on the Union Calendar, Calendar No. 207.
Reported by the Committee on Financial Services. H. Rept. 119-250.
Finance and Financial Sector
Advisory bodiesBusiness investment and capitalSmall business
Advocating for Small Business Act
USA119th CongressHR-4449| House
| Updated: 9/8/2025
This bill, titled the "Advocating for Small Business Act," proposes to amend the Securities Exchange Act of 1934 to enhance the Securities and Exchange Commission's focus on small business concerns. It mandates the establishment of an Office of Small Business within every division of the SEC responsible for rule-writing activities. These new offices are tasked with coordinating closely with the existing Office of the Advocate for Small Business Capital Formation . This coordination will center on developing rules and policy priorities that directly impact capital formation for small businesses, aiming to make the SEC more small business friendly.