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Obama agreed to greater deregulatory easing. It's intended to create jobs. "Not only will this help small businesses and high-growth enterprises raise capital more efficiently, but it will also allow small and young firms to expand and hire faster."
"(T)his bill is a win-win for small businesses, for the economy, and for the American people."
Fact check
The bill destroys jobs. It doesn't create them, except for greater numbers of scam artists wanting in on the take. Only Wall Street and other corporate crooks benefit, and why not. They wrote the bill and all others pertaining to them. It perpetuates a corrupted, dysfunctional system heading America for banana republic status in its worst sense.
A Final Comment
The North American Securities Administrators Association (NASAA) calls its roll "Putting Investors First," saying:
"NASAA members have protected Main Street investors from fraud for 100 years.""More than 100 million investors rely on regulators to keep our nation's markets well policed and cannot afford any weakening of this successful and complementary regulatory system. NASAA members work within your state government(s) to protect investors and help maintain the integrity of the securities industry...."
Commenting on the JOBS Act and overall conditions today, NASAA president Jack Herstein said:
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