US financial regulators will review old rules that hurt small businesses

The Securities and Exchange Commission (SEC) will review a list of its existing rules. The goal is to see if these rules create too much economic burden for small businesses.

Every few years, agencies are supposed to check if their old rules are still working as intended, especially for small businesses. This review means the SEC is actually doing that. It opens a window for small financial firms to argue that specific rules are making it too hard for them to operate or compete.