June 28, 2012
I don't think the JOBS Act will do anything to help businesses create jobs, but I do believe it will lead to more fraud and individual investors will be hurt. There's nothing wrong with holding a high bar for going public. If the companies that this Act is aiming to help cannot operate in a transparent and ethical fashion as a public company, then they should remain private. Simple as that. Have some standards for crying out loud. Thanks for listening.