News that the Securities and Exchange Commission is considering easing limitations on the sale of stock by private companies is a further sign that the Obama administration is conducting a sweeping review of the ability of growing, young businesses to tap capital markets.
But unlike the Treasury Department’s interest in improving access to public markets–which has led former National Venture Capital Association Chairwoman Kate Mitchell to form a task force to develop recommendations–the SEC initiative could make staying private more compelling, which is not something the venture industry wants.
To read the full, original article click on this link: Venture Industry Cool To Easing Rules On Private Company Stock - Venture Capital Dispatch - WSJ
Author: Russell Garland
