Advocating for Small Business Act

This bill creates new "Offices of Small Business" within each Securities and Exchange Commission (SEC) division that writes rules. These offices will coordinate with the existing Office of the Advocate for Small Business Capital Formation to shape rules affecting how small businesses access capital. The bill directly affects SEC rulemaking processes, ensuring small business perspectives are integrated into capital formation policies. It does not change existing securities regulations but establishes an internal structure for the SEC to consider small business needs during rule development.