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Interesting New Bill…

From Senator Mike Crapo’s Facebook page Package of Reforms Would Spur Job Creation by Boosting Smaller Companies’ Access to Capital

“Studies show that more than 90 percent of job growth occurs after companies go public, but fewer small and medium-sized companies are taking this step in recent years, often citing the administrative and compliance burdens as the main obstacles to going public. The Schumer-Toomey bill, the Reopening American Capital Markets to Emerging Growth Companies Act of 2011, would reduce these hurdles of an initial public offering by phasing in many of the costliest obligations over time while maintaining key investor protections.”

The bill is located here: http://thomas.loc.gov/cgi-bin/query/z?c112:S.1933:

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Categories: Politics
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