Reuters – Republicans Accuse SEC of Dragging Feet on JOBS Act
Republican members of the U.S. House of Representatives criticized top officials at the U.S. Securities and Exchange Commission on Thursday for missing congressionally mandated deadlines to complete new rules designed to help small businesses raise capital. In a hearing that at times grew tense, several Republicans on a House small-business panel vented their frustrations after they did not get clarity from the SEC on when the rules would be completed, Reuters reported. The rules at the center of Thursday's hearing stem from the 2012 Jumpstart Our Business Startups, or JOBS Act.
12 April 2013•3 mins read
