House Subcommittee Addresses JOBS Act Implementation | NSBA
"pic-congress-hearing On Thursday, April 11, the House Small Business Subcommittee on Investigations, Oversight and Regulations held a hearing entitled, “JOBS Act Implementation Update.” The key topic of discussion at ..."
Republican lawmakers on Thursday blasted top officials at the nation’s securities watchdog over delays in the agency’s implementation of key aspects of a law approved a year ago to help small businesses accumulate capital.
The House Small Business Committee is holding a hearing in Washington to examine Securities and Exchange Commission work to implement the Jumpstart Our Business Startups Act, signed into law last year with the goal of spurring job creation. The SEC has missed deadlines for rules including ones that would let hedge funds advertise for investors and allow startups to raise money over the Internet.
"Equity crowdfunding is supposed to help entrepreneurs overcome those hurdles. While crowdfunding has been around for a few years, before the JOBS Act it was limited to companies, individuals, or organizations making a ..."