Perspective
Apr. 27, 2013
JOBS Act: It's about time for the SEC to do its job
The recently appointed chairman of the SEC, Mary Jo White, has stated in Senate hearings that enacting rules per congressional mandate in the JOBS Act and Dodd-Frank must be an immediate imperative for the SEC. By Kenneth Eade
In April 2012, President Barack Obama signed the JOBS Act into law, making sweeping changes to the financial disclosure system to encourage the funding of U.S. small businesses. JOBS stands for "Jumpstart Our Business Startups Act," but small businesses have been waiting for their jumpstarts on the side of the road for over a year. The reason is that it has taken too long to implement two of the most important provisions: the elimination...
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