Reducing the Burden on Small Public Companies Would Promote Innovation, Job Creation, and Economic Growth
Regulation S-K and Regulation S-X, which govern public company disclosure, should be revised to reduce compliance costs by better scaling disclosure requirements and eliminating requirements that do little or nothing to protect investors.
Scott Garrett House Financial Services Committee Subcommittee On Capital Advisory Committee Exchange Commission High Cost Of Beinga Public Company Securities Exchange
Source: heritage.org