JOBS Act puts investor protection in question

06/16/2013 | CFO.com

(Credit: Spencer Platt/Getty Images)

Concerns continue to increase about investors' protection as rules in the Jumpstart Our Business Startups Act remain to be written. This issue was raised at a House Financial Services subcommittee hearing. "For all the honest entrepreneurs who deserve a better shot at low-cost funding, there are opportunists as well who not only threaten the financial well-being of targeted -- sometimes vulnerable -- investors but take funds away from legitimate enterprise," said Donald Langevoort, a law professor at Georgetown University.

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