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Last week, the House passed H.R. 701, a bipartisan bill introduced by Congressman Patrick McHenry (R-N.C.) that would amend a provision of the Securities Act of 1933 to establish a deadline of October 31, 2013 for the SEC to finalize its rules regarding revisions to Regulation A as enacted under the JOBS Act.
This week, the House is expected to vote on H.R. 701, a bipartisan bill introduced by Congressman Patrick McHenry (R – N.C.) that would amend a provision of the Securities Act of 1933 to establish a deadline of October 31, 2013 for the U.S. Securities and Exchange Commission (SEC) to finalize its rules regarding revisions [...]
Continue reading …Earlier today, NSBA’s Todd McCracken joined the National Journal, the Atlantic and Allstate as a speaker at the Summit on the State of the Middle Class where the most recent Allstate-National Journal Heartland Monitor Poll was unveiled. McCracken provided the small-business perspective.
Continue reading …NSBA has created a draft letter for small businesses to download, personalize and send to the SEC urging them to act on the pro-small-business JOBS Act which will improve small-business access to capital.
Continue reading …According to a recent report from the Office of the Special Inspector General for the Troubled Asset Relief Program (TARP), many of the former TARP banks that also received SBLF funds failed to dramatically increase their small business lending and instead chose to use their SBLF investments as a TARP exit strategy.
Continue reading …On Wednesday, NSBA President and CEO Todd McCracken McCracken participated in a lending summit featuring SBA Administrator Karen Mills, Senate Small Business & Entrepreneurship Committee Chair Mary Landrieu and House Small Business Committee Chair Sam Graves.
Continue reading …On Thursday, the House Small Business Subcommittee on Investigations, Oversight and Regulations is holding a hearing to examine the U.S. Securities and Exchange Commission’s (SEC’s) delay in implementing the JOBS Act.
Continue reading …The President’s Fiscal Year 2014 Budget was released Wednesday and includes some notable proposals including corporate tax reform and consolidation of SBA and a host of other business-related agencies into one massive business agency.
Continue reading …Last week, $85 billion in across-the-board spending cuts for FY 2013 went into effect. These arbitrary cuts, enacted under the Budget Control Act of 2011, will have a negative impact on small business’s ability to hire new employees, expand their firms, and plan for the future. For example, the cuts to military and domestic discretionary spending [...]
Continue reading …Last week, the SBA Office of Advocacy, released its annual Small Business Economy Report for 2012 showing modest growth among America’s small businesses, despite continued slow growth in jobs.
Continue reading …