Frustration Rises Over Crowdfunding Rules
Thursday, May 1, 2014
Unhappy with results so far of the two-year-old Jumpstart Our Business Startups Act, some Republican lawmakers are pushing for changes that could weaken investor protections. They argue that entrepreneurs find some of its provisions too burdensome.
The so-called JOBS Act modified U.S. securities laws, increasing the number of investors a private firm may have, to 2,000 from 500, for instance, and eliminating some hurdles for companies seeking initial public off