Kendall Almerico recently spoke with Forbes magazine about the SEC’s failure to release and make into law, the rules and regulations needed to support The JOBS Act of 2012. “If a law said you or I had to do something by a certain date, we would do it because we do not want to face criminal or civil penalties for not complying with the law,” Almerico says. “But the SEC is different. There is no real means to hold them accountable for not doing what the law says, so they can take their time and release the JOBS Act rules whenever they are ready.”
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