Wednesday, March 14, 2012
The JOBS Act, which passed the House by a wide margin, has been on a bipartisan bandwagon of support, with calls that it will lead to "job creation." SEC Chair Mary Schapiro today took a more somber view of the proposed legislation and warned that its provisions could seriously weaken investor protection. WPost, JOBS Act could remove investor protections, SEC chair Mary Schapiro warns
Let's hope there are enough thoughtful voices to slow this train down!