; (G) consult with the Advocate for Small Business Capital Formation on proposed recommendations made under subparagraph (E); and (H) advise the Advocate for Small Business Capital Formation on issues related to small business investors. . 812. Elimination of exemption of Small Business Capital Formation Advisory Committee from Federal Advisory Committee Act Section 40 of the Securities Exchange Act of 1934 (as added by Public Law 114–284 ) is amended by striking subsection (h). 813. Internal risk controls The Securities Exchange Act of 1934 ( 15 U.S.C. 78a et seq.) is amended— (1) by inserting after section 4G, as added by this Act, the following: 4H. Internal risk controls (a) In general Each of the following entities, in consultation with the Chief Economist, shall develop comprehensive internal risk control mechanisms to safeguard and govern the storage of all market data by such entity, all market data sharing agreements of such entity, and all academic research performed at such entity using market data: (1) The Commission. (2) Each national security association required to register under section 15A. (b) Consolidated audit trail The Commission may not approve a national market system plan pursuant to part 242.613 of title 17, Code of Federal Regulations (or any successor regulation), unless the operator of the consolidated audit trail created by such plan has developed, in consultation with the Chief Economist, comprehensive internal risk control mechanisms to safeguard and govern the storage of all market data by such operator, all market data sharing agreements of such operator, and all academic research performed at such operator using market data. ; (2) in section 3(a), by redesignating the second paragraph (80) (relating to funding portals) as paragraph (81)