House Panel Moves on Small Business Funding08.01.2017
The House Financial Services Committee passed three bills out of committee recently — including one that aims to give small businesses more access to capital.
Was the JOBS Act not enough?
As reported first by thinkadvisor.com, H.R. 2864, the “Improving Access to Capital Act,” sponsored by Reps. Kyrsten Sinema, D-Arizona, and Trey Hollingsworth, R-Indiana, is designed to help small companies obtain more capital and give investors greater investment opportunities by allowing smaller reporting companies to raise capital from the public through a streamlined Securities and Exchange Commission review process.
The The JOBS Act was approved by Congress and the President in 2012. It included a number of initiatives intended to make it easier for venture-capital backed companies to go public. The Securities and Exchange Commission is still working through the legislation in order to promulgate rules.
The exchange will use a price time-model and is expected to launch in early 2023.
Crypto market development will be influenced by the speed, harmonization and prudence of regulation.
It is important that synthetic US dollar LIBOR is published from end-June 2023.
China’s Futures and Derivatives Law removes a significant barrier to a well-functioning derivatives market.
Rapporteur Danuta Hübner has published a report on the MiFIR review.