There are legislative changes in the pipeline that
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There are legislative changes in the pipeline that will help $BCAP tremendously with respect to the IPO market and from there other services:
The Reopening American Capital Markets to Emerging Growth Companies Act – would reduce regulatory costs for an initial public offering by creating an IPO “on-ramp,” phasing in certain requirements over five years. The House is expected to vote on Thursday.
The bill would create a new category of issuers called “emerging growth companies” that would have five years – or less, if they reach $1 billion in annual revenue or $700 million in publicly traded shares sooner than that – to comply with certain regulatory requirements.
The National Venture Capital Association, the NASDAQ stock market, the New York Stock Exchange and the U.S. Chamber of Commerce are among the bill’s supporters.
http://www.theleafchronicle.com/article/20120.../303060017