Five years ago last month, a Democratic President, a Democratic Senate, and a Republican House overwhelmingly agreed that the regulatory tax on capital was preventing small businesses from creating jobs. To address this, the JOBS Act was passed. The JOBS Act removed some of the regulatory tax by reducing or eliminating certain regulations for small business. The law established a category of companies with revenue under $1 billion known as emerging growth companies, or EGCs. EGCs are eligible for a… read more →
“The EDA also believes that the Fiduciary Rule should be rescinded in its entirety and that a further delay to the applicability date by the DOL will be necessary to achieve that end. We strongly support this course of action.” Click here, to read the letter.
Washington, D.C.—The American Securities Association (ASA) has been formed to advance the business, market, regulatory and legislative interests of American middle-market and regional investment banks and securities dealers. The ASA will operate as an umbrella organization for the Bond Dealers of America (BDA), which for more than eight years has represented the unique interests of fixed income firms, and for the newly launched Equity Dealers of America (EDA), distinctly focused on equity-specific matters. This organizational structure is designed to provide… read more →