BDO Comment Letter - Amendments to Smaller Reporting Company Definition
August 2016
File No. S7-12-16 Release No. 33-10107, Proposed Rule: Amendments to Smaller Reporting Company Definition
Overall, BDO supports expanding the number of registrants that qualify as smaller reporting companies and thereby benefit from scaled disclosure requirements. We believe that doing so is consistent with the Commission's goals of promoting capital formation and reducing compliance costs for smaller registrants while maintaining investor protections.