Political Quotes

Jack Reed: “The JOBS Act requires the SEC to adopt rules that, in the legislation language, 'require the issuer to take reasonable…”

On the recordOctober 29, 2013
The JOBS Act requires the SEC to adopt rules that, in the legislation language, 'require the issuer to take reasonable steps to verify that purchasers of the securities are accredited investors, using such methods as determined by the Commission.'
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed emphasizes the verification requirements for investors under the JOBS Act.

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