The Securities and Exchange Commission's annual Small Business Capital Formation Forum will be held in conjunction with a meeting of the commission's advisory committee on smaller public companies, Sept. 19 and 20 in San Francisco.

"The advisory committee is considering different regulatory requirements for firms below an agreed-upon threshold of market capitalization, or perhaps some other measurement of size," said SEC Chairman Christopher Cox in a statement. "I have urged the advisory committee's leaders to conduct their work with a view to protecting investors, as they consider whether the costs imposed by the current securities regulatory system for smaller companies are proportionate to the benefits."

The annual Capital Formation Forum will be Monday, Sept. 19. The advisory committee meeting begins the same day and continues Tuesday.

The SEC plays host to the annual forum under a congressional mandate to give smaller company representatives a chance to communicate their views on capital formation to senior government officials. The SEC organized the advisory committee on smaller public companies in March 2005 to examine the impact of the federal securities laws on smaller companies, including the Sarbanes-Oxley Act. The committee's final report is due in April 2006.

All advisory committee meetings will be open to the public and broadcast on the Internet at Forum sessions include both public and private meetings. All forum attendees must pre-register with the SEC.

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