Category Archives: Financial Reform News
U.S. PIRG Letter: Support Reed-Landrieu-Levin Amendment
U.S. PIRG sent a letter to the Senate supporting the pro-investor Reed-Landrieu-Levin Amendment, and opposing the underlying bill should the amendment fail.
Investment News Editorial: JOBS Act Merits Greater Scrutiny
JOBS Act merits greater scrutiny March 18, 2012 6:01 am ET AS MUCH AS IT WARMS the cockles of our hearts to see House Republicans, Senate Democrats and President Barack Obama united in their efforts to get more Americans back to work, we are discouraged
CalSTRS Letter: Oppose the JOBS Act
California State Teachers’ Retirement System sent a letter to Senator Feinstein opposing the JOBS Act.
CalPERS Letter: Oppose the JOBS Act
Read the letter sent to Majority Leader Reid and Minority Leader McConnell by the California Public Employees’ Retirement System opposing the JOBS Act.
This Week in Wall Street Reform
Click here to view this week’s highlights and lowlights in Wall Street Reform – March 10, 2012 – March 16, 2012.
Coates and Pozen: Bill to Help Businesses Raise Capital Goes Too Far
“The House voted 390 to 23 last week for a bill (PDF) to provide regulatory relief for small companies trying to raise capital. The bill is moving quickly through the Senate; no one likes unnecessary regulations that burden economic growth. But this bill does more than trim regulatory fat; parts of it cut into muscle. Small businesses will have a harder time raising capital if investors do not receive sufficient disclosures or other legal protections.”
SEC Commission Aguilar: Investor Protection is Needed for True Capital Formation
“Last week, the House of Representatives passed H.R. 3606, the ‘Jumpstart Our Business Startups Act.’ It is clear to me that H.R. 3606 in its current form weakens or eliminates many regulations designed to safeguard investors. I must voice my concerns because as an SEC Commissioner, I cannot sit idly by when I see potential legislation that could harm investors. This bill seems to impose tremendous costs and potential harm on investors with little to no corresponding benefit.”
AFR and CFA Letter: Support the Reed-Landrieu-Levin Amendment to the JOBS Act
AFR and CFA sent a letter to the Senate, urging their support of the Reed-Landrieu-Levin amendment which addresses many of the concerns that we have with the House JOBS Act, which the Senate has taken up.
INVEST in America Act (S.A. 1833) vs. JOBS Act (H.R. 3606)
INVEST in America Act (S.A. 1833) vs. JOBS Act (H.R. 3606) Reed-Landrieu-Levin Amendment Mar. 15, 2012 Seven Essential Fixes to the House Bill The House bill would allow companies to advertise risky, less-regulated, unregistered private offerings to the general public using billboards along the highway,