### Question
How does the law define small business concern?


### Answer
Under *15 U.S.C. § 78c*, **small business concern** is defined as:

> a business that meets the criteria for a small business concern established by the Small Business Administration under section 632(a) of this title

#### Citation:
  - *15 U.S.C. § 78c*
  - Heading: **CHAPTER 2B-SECURITIES EXCHANGES**

