SEC Commissioner Uyeda bemoaned decline in public companies over past twenty years. One reason Uyeda offered for decline was existence of regulatory burdens which could be reduced with rules grounded in financial materiality, reflecting smaller companies' ability to pay.
In a recent lecture delivered at Columbia Law School/Business School at the "Going Public in the 2020s" conference, SEC Commissioner Uyeda bemoaned "the general decline in the number of.