SEC & the JOBS Act - Just Do Your Job
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Published on Dec 14, 2012
Learn more at http://Oversight.House.Gov
Why has outgoing Securities and Exchange Commission Chairman Mary Shapiro blocked a bipartisan law to make it easier for American entrepreneurs, innovators and small businesses to access capital? It's not pretty: private emails show Shapiro has delayed action on the bipartisan JOBS Act "crowdfunding" reform because she is concerned about her legacy...and, sadly, worried about what a liberal lobbyist things of her. Meanwhile, the economy - and this bipartisan, common-sense, pro-jobs plan - remain stuck. What's more important to Shapiro and the SEC: her selfish legacy or the American job creators crying out for capital to grow and hire?
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