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SEC's White: Investor protection key to JOBS Act

Daily newsbrief journal for April 2013, also see for a global compendium library and follow twitter @usdemocrats

SEC's White: Investor protection key to JOBS Act

Postby admin » Wed May 01, 2013 10:27 pm

SEC's White: Investor protection key to JOBS Act
WASHINGTON (MarketWatch ) - The Securities and Exchange Commission's new chairman, Mary Jo White, on Wednesday told a small business advisory panel that she wants to implement the JOBS Act - which seeks to ease access to capital for small businesses - by approving rules required by the law with a close eye on investor protection concerns. "If you don't pay sufficient attention to them [investor protection concerns] the investing public won't have sufficient confidence in an enterprise to invest in it and provide capital," she said. "You don't want these new ways of raising capital not to be used or to be under -used because investors don't have the confidence to use them."

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