Anonymous4 days ago
Congress and the SEC are pursuing the most aggressive overhaul of US capital markets rules since the 2012 JOBS Act, aiming to reverse a decades-long decline in public company listings. The INVEST Act, passed by the House in December 2025 with a 302-123 vote, and SEC Chairman Paul Atkins's "Make IPOs Great Again" initiative propose cutting disclosure requirements, expanding IPO on-ramps, and lowering listing thresholds — but academic research on the JOBS Act's track record raises questions about whether reduced transparency helps or harms the retail investors these reforms claim to protect.