Małe firmy · 28/11/1995

Small Business Investment Companies

In response to President Clinton's government-wide regulatory reform initiative, the Small Business Administration (SBA) is proposing to restructure its existing regulations. This proposed rule is intended to streamline the regulations governing the Small Business Investment Company (SBIC) program. To this end, SBA proposes to eliminate obsolete regulations and to reorganize the remaining regulations in a more readable format. In addition to changes in organization, the proposed regulations include a number of substantive changes, many of which are intended to reduce the regulatory burden on Licensees, as well as SBA's administrative burden. Other proposed changes would provide additional protection for SBA's position as a creditor of, or investor in, Licensees with outstanding Leverage. At the same time, certain requirements would be made inapplicable to non-leveraged Licensees, which pose no financial risk to the Agency.