The Securities and Exchange Commission Advisory Committee on Smaller Public Companies will hold its second meeting next week in New York to finalize its agenda, to consider suggestions on defining the term "smaller public company" and to hear testimony on methods to scale securities regulations for smaller public companies.

Led by Chicago attorney Herbert S. Wander and Kimball International Inc. chief executive James C. Thyen, the committee was established back in December to gauge the impact of the Sarbanes-Oxley Act and other aspects of the federal securities laws on the nation's smaller public companies.

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