{"id":5262,"date":"2012-03-05T00:00:00","date_gmt":"2012-03-05T06:00:00","guid":{"rendered":"https:\/\/institutionalinvestorsecuritiesblog.blawgcloud.com\/2012\/03\/house_to_vote_on_gop_legislati"},"modified":"2022-04-22T10:51:57","modified_gmt":"2022-04-22T15:51:57","slug":"house-to-vote-on-gop-legislati","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/house-to-vote-on-gop-legislati\/","title":{"rendered":"House To Vote On GOP Legislation Related to Small Business’ Access to Capital"},"content":{"rendered":"

This week, the House is slated to vote on a Republican legislative package to make it easier for small businesses to access capital. On February 28, House Majority Leader Eric Cantor (R-Va.) presented his Jumpstart Our Business Startups Act\u2019s final version, which is comprised of six bills that would revise securities laws to make this capital flow happen. Included in this package is a bill calling for more shareholder reporting triggers for community banks. Meantime, Senate Majority Leader Harry Reid (D-Nev) has said he plans to push forward a similar package in the US Senate.<\/p>\n

As both the House and Senate move forward with their legislative packages, Senator Scott Brown (R-Mass) is asking the Senate to push forward his bill, which would allow for a crowdfunding-related securities registration exemption. His bill (S. 1971) and Sen. Jeff Merkley’s (D-Ore.) S. 1970 similarly are pressing for letting issuers raise up to $1 million yearly through crowdfunding. However, Merkley\u2019s bill establishes a part for states to play in regulating crowdfunding securities, while Brown\u2019s bill does not. The Senator from Massachusetts believes a national framework is necessary, rather than making entrepreneurs comply with each state\u2019s securities law mandate. Also, while Merkeley\u2019s bill calls for giving investors a private right of action to file a civil suit against fraud issuers, Brown doesn\u2019t believe this is necessary and sees current fraud laws as \u201csolid\u201d and merely in need of enforcement. He did, however, say that he and Merkeley share the same desire for investor protection.<\/p>\n

Regarding the issue of the Securities and Exchange Commission\u2019s capital formation efforts on small businesses, SEC Division of Corporation Finance Director Meredith Cross said it is hard right now for the regulator to evaluate their impact. Cross, who was part of a panel at the Practising Law Institute’s SEC Speaks conference on February 24, said her views are her own.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

This week, the House is slated to vote on a Republican legislative package to make it easier for small businesses to access capital. On February 28, House Majority Leader Eric Cantor (R-Va.) presented his Jumpstart Our Business Startups Act\u2019s final version, which is comprised of six bills that would revise securities laws to make this […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3761,3963],"tags":[2539],"class_list":["post-5262","post","type-post","status-publish","format-standard","hentry","category-securities-and-exchange-commis","category-securities-law-and-regulations","tag-small-business"],"yoast_head":"\nHouse To Vote On GOP Legislation Related to Small Business' Access to Capital — Investor Lawyers Blog — March 5, 2012<\/title>\n<meta name=\"description\" content=\"This week, the House is slated to vote on a Republican legislative package to make it easier for small businesses to access capital. On February 28, House — March 5, 2012\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/house-to-vote-on-gop-legislati\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"House To Vote On GOP Legislation Related to Small Business' Access to Capital — Investor Lawyers Blog — March 5, 2012\" \/>\n<meta name=\"twitter:description\" content=\"This week, the House is slated to vote on a Republican legislative package to make it easier for small businesses to access capital. On February 28, House — March 5, 2012\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards & Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"House To Vote On GOP Legislation Related to Small Business' Access to Capital — Investor Lawyers Blog — March 5, 2012","description":"This week, the House is slated to vote on a Republican legislative package to make it easier for small businesses to access capital. On February 28, House — March 5, 2012","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/house-to-vote-on-gop-legislati\/","twitter_card":"summary_large_image","twitter_title":"House To Vote On GOP Legislation Related to Small Business' Access to Capital — Investor Lawyers Blog — March 5, 2012","twitter_description":"This week, the House is slated to vote on a Republican legislative package to make it easier for small businesses to access capital. On February 28, House — March 5, 2012","twitter_misc":{"Written by":"Shepherd Smith Edwards & Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/house-to-vote-on-gop-legislati\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/house-to-vote-on-gop-legislati\/"},"author":{"name":"Shepherd Smith Edwards & Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"House To Vote On GOP Legislation Related to Small Business’ Access to Capital","datePublished":"2012-03-05T06:00:00+00:00","dateModified":"2022-04-22T15:51:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/house-to-vote-on-gop-legislati\/"},"wordCount":473,"keywords":["Small business"],"articleSection":["Securities and Exchange Commission","Securities Law and Regulations"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/house-to-vote-on-gop-legislati\/","url":"https:\/\/www.investorlawyers.com\/blog\/house-to-vote-on-gop-legislati\/","name":"House To Vote On GOP Legislation Related to Small Business' Access to Capital — Investor Lawyers Blog — March 5, 2012","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2012-03-05T06:00:00+00:00","dateModified":"2022-04-22T15:51:57+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"This week, the House is slated to vote on a Republican legislative package to make it easier for small businesses to access capital. On February 28, House — March 5, 2012","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/house-to-vote-on-gop-legislati\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/house-to-vote-on-gop-legislati\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/house-to-vote-on-gop-legislati\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"House To Vote On GOP Legislation Related to Small Business’ Access to Capital"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards & Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards & Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards & Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-1mS","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/5262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=5262"}],"version-history":[{"count":5,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/5262\/revisions"}],"predecessor-version":[{"id":26749,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/5262\/revisions\/26749"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=5262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=5262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=5262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}