Comments on: NVCA Argues Against Parts of the “Restoring American Financial Sustainability Act”

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By: Forex Robots

Forex Robots — Mon, 12 Apr 2010 06:07:33 +0000

Good post James and I guess that Senator Dodd just must pay attention at such voices as yours. Jason also thanks for the news.

By: James Geshwiler

James Geshwiler — Fri, 26 Mar 2010 19:07:06 +0000

Jason, thanks for the points. Both points are particularly troubling. My post is at: http://www.xconomy.com/boston/2010/03/23/dodd-bil...

By: William Carleton

William Carleton — Sat, 06 Mar 2010 03:26:25 +0000

Marianne, terrific! Thank you for the link. Fyi, I am part of the group in Washington State that you refer to you in the letter. Would love to take you up on connecting. Would be great to share intelligence on where the bill is, the support for those provisions, etc. Maybe we could coordinate some efforts. –Bill

By: Tracy De Cicco

Tracy De Cicco — Fri, 05 Mar 2010 06:26:42 +0000

I'm amazed that legislation like this gets proposed… to lead in a global economy, we need to and must innovate, legislation like this doesn't appear to move us forward…

By: Josh

Josh — Thu, 04 Mar 2010 20:47:39 +0000

Very frustrating and moves in the wrong direction. A sensible rule change would allow more not less accredited investors. I think investors with less than 1M in net worth should be able to invest but the amount they can invest should be limited to a percentage (10%?) of their net worth. It is morally wrong to only allow the wealthy to participate in investments that have the potential for the highest return.

By: Marianne Hudson

Marianne Hudson — Thu, 04 Mar 2010 20:05:12 +0000

The Angel Capital Association now has this letter included in two places on our Web site, including on our federal policy platform page – http://www.angelcapitalassociation.org/resources/public-... I'd be happy to connect with Bill and others as we get more and more of our members involved in communicating our concerns to Washington.

By: Jason Mendelson

Jason Mendelson — Thu, 04 Mar 2010 13:40:05 +0000

They sent a letter to congress co-authored by the Angel Capital Association. I don’t think they made the letter public, but I’m sure they’ll issue something in the near future. Specifically, they send to Dodd’s office, as well.

By: William Carleton

William Carleton — Thu, 04 Mar 2010 06:02:30 +0000

Jason, great news! What form did the NVCA's notice take? Did they issue a press release on this, or is that forthcoming? I'd also be interested in knowing where/how the Angel Capital Association has expressed its stand. Much obliged, Bill