Angel investors in Silicon Valley are nervously eyeing a bill in the U.S.
Senate, saying the legislation could crimp investments and harm
their industry.
The bill, proposed in March by Democratic Sen. Christopher Dodd of Connecticut, is designed to overhaul regulation of financial services companies and provide more consumer and investor protection.
But buried deep in the 1,336-page bill, sections 412, 413 and 926 have alarmed some valley angel investors, who sink their cash into young, unproven startup firms.
To read the full, original article click on this link: Senate's financial bill worries Silicon Valley angel investors - Silicon Valley / San Jose Business Journal:
Author: Eli
Segall
