Former SEC Official Slams House JOBS Act: ‘It Won’t Create Jobs, But It Will Simplify Fraud’

By Travis Waldron on Mar 15, 2012 at 11:55 am

In a rare show of bipartisanship, the House of Representatives easily passed the Jumpstart Our Business Startups (JOBS) Act last week, with both parties touting it as a way to help small business startups and boost the economy. The White House supports the bill, and Senate Democrats are planning to introduce it (or something like it) in the coming days.