The other thing, obviously, as you emphasize in your testimony, is that with the lifting of the ban on general solicitation under Rule 506, there is an enhanced possibility of frau...
And that would probably be an area you would have to pay attention to.
I think we have a lot to do, and it comes back to that sort of often used term of balance between investor protections, ...
So there is a potential, you know, if we do not do something like this, have the Form D filed prior to the offering, tha...
But the issuers, you know, are a critical part of this.
The JOBS Act requires the SEC to adopt rules that, in the legislation language, 'require the issuer to take reasonable s...
Thank you, Mr. Chairman.
The standard really started with a significant amount of capital, either, you know, wealth or income.
What we are working off is a basis of the--you know, there was a general rule of no public solicitation.
In effect, what you are describing is a potential financial meltdown, perhaps worse than in 2008 with the collapse of Le...
Using the debt ceiling as leverage in the deficit debate is unwise and dangerous.