The GAO shall conduct a study of the feasibility of forming a self-regulatory organization to oversee private funds, private equity funds and venture capital funds. and
Dodd’s bill, however, would allow each state to create its own set of regulations. Not only could that become a paperwork nightmare (read: larger legal/accounting costs), but it also could delay startup fundings if one state has a longer waiting period than another.
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[ 4.5 ms ] story [ 15.7 ms ] threadThe GAO shall conduct a study of the feasibility of forming a self-regulatory organization to oversee private funds, private equity funds and venture capital funds. and
Dodd’s bill, however, would allow each state to create its own set of regulations. Not only could that become a paperwork nightmare (read: larger legal/accounting costs), but it also could delay startup fundings if one state has a longer waiting period than another.
In short, nothing good.