Ever since President Obama signed the Jumpstart Our Business Startups Act in April, entrepreneurs and investors have been buzzing about the promise of new paths to start-up capital. But the clock is ticking for the regulators charged with implementing the law, and with little more than a month left before their deadline, several key questions remain unanswered.
“There’s a lot of work left to be done,” Gregory C. Yadley, partner at Shumaker, Loop & Kendrick in Tampa said during a Washington forum at the Securities and Exchange Commission last week. “The law is better than it might have been … but there are lots of loose ends, a lot of inconsistencies.”
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