should be easier for innovators to issue shares, but in his haste to see for the company, the Congress has done due diligence

except for some last minute complications, the Congress will soon give final approval to legislation that supporters say will help the U.S. economy, giving a boost to businesses. But if the House approves the version slightly modified in the Senate and President Obama signed HR 3606 - a package known as the "Jumpstart Our Business startups right", or more beautifully, the "Employment Act" - the result also be a gold mine for the types of people who see all the Americans like sheep by polar day.

Nobody would likely not agree with the sentiments behind HR 3606, or many of the provisions. The key idea, promoted by supporters, was to help startups find investors and grow rapidly after taking off, and remove barriers that have been shown to inhibit growth. New entrepreneurial firms are a vital part of the economy today, and probably it will be even more in these times of rapid change.

A number of people I respect and admire in technology and investment areas believe that the legislation is exactly what the doctor ordered costs, at least one vital way. They insist, rightly, that the Sarbanes-Oxley Act, adopted after the Enron scandal and bad behavior of others more coarse than a decade, has created a regulatory system that makes it too difficult for small companies to issue shares to the public. Among its other elements, HR 3606 would slow down the regulations (including requirements for disclosure of many) for public companies that have been published within the last five years or less than $ 1 billion in revenue. (As a first stage investor in a company that could possibly go public at some point, which could ultimately work for my financial gain.)

Another part of the legislation allows so-called "emerging growth companies" - known ridiculously small business when you can have a maximum of $ 1 billion in revenue - not skimp on disclosure and verification. Investors will have even less to say, when the boards and load selected to executive compensation. And so on.

If we learned anything from the recent financial crisis is that poor people in the financial markets are still waiting for opportunities to investors and the public more wool. It is eminently foreseeable that problems arise from this new law, which makes the urgency with which his supporters have pushed to look a bit strange -. Until you understand the context

This is an election year. So, Congress wants to look like I did something to help the economy. Unfortunately, it is likely to achieve is to help create the conditions for the next financial crisis to be as bad or worse than the last.

If Congress really wanted to create lasting reforms, there are new opportunities for criminals to their scams. Legislators should have taken his time on this bill, to do well. In this era of irresponsible legislation, it was too much.

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