The Reasoning Behind the SEC’s Concerning New Proposal

05/04/22 • 45 min

The Securities and Exchange Commission (SEC) is coming down hard on private markets, proposing new regulations that would make life difficult for startups and their investors. In this episode, we explore why the SEC is going after private funds, and what the consequences could be on the VC industry.

Congressman French Hill (R-AR) explains how the SEC’s new proposal disrupts the balance between public and private companies. He helps us understand what the job of the SEC is, and what are alternative ways they could move forward to address the private market concerns they have.

NVCA’s Senior Director of Government Affairs Charlotte Savercool explains who the SEC’s proposal targets and how this could create a chilling effect on startups and their investors. She then discusses how we can get the SEC to understand the dire effects this proposal can have on the VC industry.

Lastly, former SEC Director, Advocate for Small Business Capital Formation shares unique insight into how the SEC perceives the public market vs private market. Martha explains how an SEC member’s experience influences their approach to issues, and she shares how we can advocate to help people understand their blind spots and hear alternative perspectives.

To register for our industry events, or to learn more about the National Venture Capital Association (NVCA) visit our website.

To register for our industry events, or to learn more about the National Venture Capital Association (NVCA) visit our website.

Previous Episode

Why Immigration Policies Matter for U.S. Startup Ecosystem

Current immigration policies in the U.S. are making it almost impossible for foreign entrepreneurs to come to the U.S., start new companies, and create American jobs. In this episode, we explore how immigration affects the entrepreneurial ecosystem and why a startup visa is critical for global competition.

Congresswoman Zoe Lofgren answers the big question: why can’t we establish an immigration avenue for entrepreneurs from around the world? She shares where immigration legislation currently stands, including the Let Immigrants Kickstart Employment (LIKE) Act, and what obstacles this legislation faces.

NVCA’s General Counsel Jeff Farrah discusses the role of immigration in entrepreneurship, how immigration reform has changed over the years, and how NVCA is working to get startup visa legislation passed.

Lastly, founder and CEO of Make, Nishat Rustagi shares his story. Nishat was an international student who came to the U.S. to study. While here, he started a successful and valuable company, but was forced to leave in 2021 as there was no startup visa. Nishat shares why America is so desirable for entrepreneurs, and how difficult it is to run his America made company from abroad.

To register for our events, or to learn more about the National Venture Capital Association (NVCA) visit our website.

Next Episode

Solving the Climate Crisis Starts with Startups

The climate crisis is desperate to be solved. America’s startup ecosystem is at the frontline of the solution. In this episode, we explore how startups are advancing breakthroughs in climate technology, making cities greener, and we establish where policy stands on VC investment and climate solutions.

NVCA’s Manager of Government Affairs Jonas Murphy gives an update on past, current, and future federal policy that addresses investment in climate startups and how VCs can advocate for the right policy to solve the climate crisis.

Founder and CEO of BlocPower Donnel Baird grew up in a poor Brooklyn neighborhood where heating low-income housing was a challenge. His childhood experiences helped spawn the idea for BlocPower. Donnel shares how BlocPower is now working to decarbonize buildings, make cities greener, and employ and train people from vulnerable communities to work in climate tech.

Co-founder of Accel Arthur Patterson won the 2022 NVCA Lifetime Achievement Award. He has mentored countless investors and shares insight gained from decades of VC experience.

Congressman Ro Khanna (D-CA 17th District) discusses how to make the tech industry work across places in rural America, why VC investments need to be decentralized and dispersed, and how he addresses these in his new book, Dignity in a Digital Age: Making Tech Work for All of Us.

To register for our events, or to learn more about the National Venture Capital Association (NVCA) visit our website.