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Yes Angels, Congress Is Listening
Don’t worry angels, the Senate Banking Committee hears your angst.
Beginning a few weeks ago, there’s been a lot of digital ink spilt over how Chris Dodd’s financial reform package could make life more difficult for early-stage investors and early-stage companies (including by yours tuly). Specifically, the bill would repeal the federal preemption for Regulation D filings, while also opening the door for a doubling of the accredited investor thresholds.
Dan Primack
Full Story: http://www.pehub.com/67457/yes-angels-congress-is-listening/
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Angels sing: ‘frankly ridiculous’ restrictions might ‘destroy Silicon Valley’ http://matr.net/article-38650.html
New Finance Law Could Slow Angel Investment http://matr.net/article-38649.html
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