JOBS 2.0 Hearing Rescheduled

On October 24, 2013, the House Subcommittee on Capital Markets and GSEs will hold a hearing on "Legislative Proposals to Reduce Barriers to Capital Formation."  The hearing was originally scheduled for earlier in the month, as we wrote in a prior post, and was cancelled due to the government shutdown.  As discussed in the Subcommittee memo (see:  http://financialservices.house.gov/calendar/eventsingle.aspx?EventID=355850), various bills will be considered that address somewhat disparate issues, from BDCs to M&A broker-dealers, to tick size, that affect capital formation.  Perhaps the hearing will lead to a broader discussion of additional measures beyond those addressed by the proposed bills that would facilitate capital raising.  SEC Chair White in a recent speech commented on the Commission's intention to review disclosure requirements with a view to modernizing and streamlining these.  If we had our own JOBS 2.0 "wish list," in addition to modernizing