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Survey: Small-Business Outlook Mixed

Survey: Small-Business Outlook Mixed

NSBA today released its 2016 Year-End Economic Report which shows small-business owners have less confidence in the overall economy, but more confidence in their own business.

Obama Releases Final Budget

Yesterday, President Barack Obama released his final budget plan for FY 2017 which is a $4.1 trillion spending outline that focuses resources on clean energy, education and health care.

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House Approves Small Business Bills

This week, the House approved three separate bills aimed at helping small businesses access capital and increase their voice within the federal government.

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SEC Reviews “Accredited Investor” Definition

NSBA is seeking comment on a recent SEC report that would change the definition for “accredited investors,” which determines who can invest in a small business.

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SBA Office of Advocacy Chief Counsel Approved

Last week, the Senate voted to confirm Darryl DePriest as the Chief Counsel for the SBA Office of Advocacy, filling a spot that has been open for nearly one year.

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House Committee OK’s SEC Bill

Last week, the House Financial Services Committee approved the SEC Small Business Advocate Act of 2015 which would create the Office of the Small Business Advocate within the SEC.

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SEC Approves Final Crowdfunding Regulations

Late last week, the SEC finally approved crowdfunding rules as part of the NSBA-supported JOBS Act, which will allow small businesses to raise up to $1 million per year through crowdfunding transactions.

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House Committee Holds Hearing on Regulatory Burdens

On Oct. 21, a House Financial Services Subcommittee held a hearing examining several bills which attempt to simplify the regulatory process for financial institutions and thereby improving small-business access to capital.

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NSBA Files Amicus Brief on SEC Registrations Lawsuit

Last week, NSBA submitted an amicus brief in a lawsuit between two states and the SEC in support of regulations from the SEC to ease investment opportunities for small firms.

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New Credit Card Liability in Effect

On Oct. 1, new credit card rules went into effect which will transfer fraud liability to merchants who continue to use old “swipe” credit card processing machines.

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