There is a time to speak up – and a time to listen. Today is a time to listen – to SEC Commissioner Daniel Gallagher, who gave yet another major address at a gathering Friday at Vanderbilt Law School.
The focus of the speech was the work that remains to be done following both the JOBS Act of 2012 generally, and the recent enactment by the SEC of Regulation A+. For those of you who, like I, believe that there is much more work to be done at the SEC and in Congress to broaden the channels of capital formation for SME’s -from startups on up, this speech is a mandatory read.
Hopefully it will inspire further thought – and action.
I am providing a link to an article I published this morning in Crowdfund Insiderwhich has some brief introductory remarks to the speech – and the speech itself.
And don’t get caught napping – as that gentlemen in the picture above was – at a recent Senate Banking Subcommittee Hearing on Venture Exchanges – listening to the Presidents of the NYSE and Nasdaq. Sometimes those Hearings get started a little too early in the morning.