11 Aug 2025
📈SEC Notice on Rule 607 and Information Collection Activities
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 607
Summary
The SEC has submitted a request for the extension of information collection activities related to Rule 607, which requires sales materials for certain securities offerings to be filed prior to use. This aims to protect investors from misleading information linked to small business investment companies and business development companies under Regulation E.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice pertains to Rule 607 under Regulation E, which impacts SBICs and BDCs by requiring them to file sales materials prior to use, ensuring compliance with securities regulations aimed at protecting investors. The lack of recent filings may suggest limited activity, impacting potential business growth opportunities.