Investor Protection
The Latest
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Reed: IPO Deal Bad for Consumers, Could Harm Long-Term Economic Growth
U.S. Senator Jack Reed (D-RI) strongly opposed today’s Senate passage of a capital formation bill that weakens investor protections, loosens standards for taking a company public, and lowers safeguards for protecting the public from investment fraud. The bill (H.R. 3...
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JOBS Act
Mr. President, this is a critical moment. The Senate is on the verge of adopting legislation that could cost the American people dearly in the future. The House bill with respect to capital formation, which is labeled a jobs bill, but goes more to fundamentally changing security laws, is, in effect, another regu...
Posted on 3/22/2012 | -
Reed: Ill-Advised IPO Bill an Assault on Investor Protections
Today, the U.S. Senate voted 54-44 in favor of Senator Jack Reed’s (D-RI) legislation to fix the so-called Jumpstart Our Business Startups Act (H.R. 3606) to prevent it from dismantling critical accounting standards and investor protections. However, 60 votes w...
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Reed Opposes Eliminating Rules to Protect Investors from Fraud
Posted on 3/20/2012 | -
Senate Seeks to Toughen a Bill Aimed at Start-Ups
WASHINGTON - A decade after the dot-com bubble popped and Enron became synonymous with spectacular fraud, Congress is on the verge of scrapping numerous safeguards against investment fraud and allowing some small companies to sell stock to the public with minimal disclosure or oversight. The bill, which...
Posted on 3/20/2012 | -
Reed Opposes Eliminating Rules to Protect Investors from Fraud
U.S. Senator Jack Reed (D-RI) today spoke on the Senate floor opposing H.R. 3606, the so-called Jumpstart Our Business Startups Act, which would roll back critical accounting standards and investor protections on both small and giant companies that want to start selling st...
Posted on 3/19/2012 |Regulations, Small Businesses, senate floor, Venture Capital, Investors, Securities, Investor Protection, Transparency, Consumers, Small business, Job Growth, Securities and Exchange Commission, Debt, Regulation, Workers, Banks, Internet, SEC, Jumpstart Our Business Startups Act, Consumer Protection, Regulations, Small Businesses, senate floor, Venture Capital, Investors, Securities, Investor Protection, Transparency, Consumers, Small business -
JOBS Act
Mr. President, today I rise to discuss H.R. 3606, the so-called JOBS Act. As chairman of the Subcommittee on Securities, Insurance, and Investment of the Senate Banking Committee, I wish all of my colleagues to know this legislation, as it is currently drafted, is not ready to become law--and if it does, it coul...
Posted on 3/19/2012 |
