The U.S. Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee announced that its 6 May 2025 meeting will examine practical market considerations and regulatory challenges related to Regulation A, including whether changes could better facilitate capital formation. The agenda includes an SEC staff overview of how companies have used Regulation A to raise capital, followed by committee discussion of the regime’s advantages and limitations. The committee will also consider investor exit opportunities in Regulation A offerings and secondary market liquidity challenges, and will hear from Daniel Forman of Lowenstein Sandler LLP. The meeting will be webcast on SEC.gov, with the agenda and related materials made available on the committee’s webpage.