Unintended Consequences Emerge In JOBS Act

by Tamara Keith, NPR

Among the provisions of the House-approved JOBS bill was the easing of disclosure requirements for small companies seeking to go public. But consumer advocates pointed out that with the definition of "small" meaning $1 billion, it included the majority of companies. The White House and Democrats in the Senate want to modify the wording to guard against securities fraud.

Broadcast Dates

• All Things Considered, March 15, 2012