Update to the JOBS Act? Probably Not…

By | The Securities Edge | January 20, 2015
Update to the JOBS Act?  Probably Not…

On January 14th, the House passed H.R. 37 “Promoting Job Creation and Reducing Small Business Burdens Act.”  Although passed with some support from the Democrats (29 votes, which in these days of hyper-partisanship is practically a bipartisan bill), the White House issued a veto threat on January 12th because the bill also delays part of the Volker Rule effectiveness until July 21, 2019. 

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