Political Quotes

Obviously, one of the parts of the Jobs Acts required that the SEC study Reg S-K, and how that can be improved to reduce unnecessary costs to companies that wish to go public, and that are public.

Even with those successes, I continue to hear from companies--both public and private--in my district about the impacts of outdated and burdensome regulations on their ability to access capital.

I want to thank you for holding today's hearing on reducing barriers to capital formation.

obviously these disclosure requirements, in addition to--in many instances not providing useful information, efficient information to investors, they cost companies a lot of money for an emerging growth company.