GOP Reps. Say SEC's JOBS Act Delay Harms Businesses

Law360, New York (April 11, 2013, 8:43 PM EDT) -- House Republicans on a small business panel Thursday criticized top U.S. Securities and Exchange Commission officials for not keeping up with several congressionally-mandated deadlines to complete rulemaking designed to allow small businesses and startups to attract more capital.

In a hearing of the House small business subcommittee on investigations, oversight and regulations, Republicans grilled acting Director of the Division of Corporation Finance Lona Nallengara and acting Director of the Division of Trading and Markets John Ramsay on when the rules required by the 2012 Jumpstart Our...
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