U.S. Senate vote on small business startup bill delayed
Two weeks ago, the U.S. House of Representatives passed small business legislation, by a 390-23 margin, that would "relax [some Securities and Exchange Commission] regulations that could impede small businesses and startups from finding investors and going public." The U.S. Senate, along party lines, resisted efforts to "increase [the bill's] investor protections," resulting in the postponement of a vote on ending the debate, causing a delay in the passage of the bill, The Associated Press reports.
For more on the small business bill, also called the JOBS bill (Jumpstart Our Business Startups), read The Associated Press story here.
