Growth Capitalist (https://growthcapitalist.com/tag/regulation/page/10/)
Two years after a bipartisan JOBS Act was passed by Congress the Securities and Exchange Commission has yet to finalize critical rulemaking to help emerging growth companies with capital formation.
A group of investors, attorneys, and Wall Street financiers gathered at the Securities and Exchange Commission headquarters in Washington on November 20 to voice their views and make recommendations on issues impacting capital formation by emerging growth companies.
Market participants familiar with the annual Government-Business Forum on Small Business Capital Formation hosted by the Securities and Exchange Commission may be excused for harboring skepticism.
Nearly three years after the enactment of the JOBS Act, and 14 months after the first and only significant rule making action by the Securities and Exchange Commission to implement the Act, the law failed to make even a mention in the agenda of the Commission’s Government-Business Forum on Small Business Capital Formation, the annual meeting of regulators and emerging growth finance professionals held at SEC headquarters in Washington on November 20.
