The SEC is considering changing the rules to make it so private companies can keep their finances secret if they have les than 500 shareholders. Finally, some hope that the government will lighten up on regulating private companies! The government has spent decades making it harder and harder for companies to raise money. It would be nice to see a law that would encourage investment and open the channels for economic growth!
Take a look at this article: http://lnkd.in/MCi-ui
I'd love to hear thoughts on this idea.
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