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New York Times (April 1)

2012/ 04/ 03 by jd in Global News

Congress just passed the “deeply flawed” JOBS Act. President Obama should not sign this bill which “rolls back important investor safeguards from the post-Enron Sarbanes-Oxley law and the post-financial crisis Dodd-Frank law.” If it becomes law, it “is an invitation to a fresh round of financial malfeasance…sooner or later, investors will be harmed by its heedless weakening of important protections.”

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