On the recordMarch 7, 2012
I yield myself the balance of the time. I would just say to my friend, the gentlelady from Texas will have to settle for batting .500, as I supported her earlier amendment, but I have to rise in opposition to this one. The very purpose of an accredited investor is to identify the class of individuals who have greater capacity to handle risk, do not require the enhanced protections. Her amendment would unnecessarily restrict capital formation and consequently job growth. I urge its rejection, and I yield back the balance of my time. The Acting CHAIR. The question is on the amendment offered by the gentlewoman from Texas (Ms. Jackson Lee). The amendment was rejected. Amendment No. 8 Offered by Ms. Jackson Lee of Texas The Acting CHAIR. It is now in order to consider amendment No. 8 printed in House Report 112 409.
