Time to Startup!

The BizFilings blog covering business tips and trends.

How Does the Restoring American Financial Stability Act Impact Small Business?

Published on Jul 21, 2010

Summary

Read our article, 'How Does the Restoring American Financial Stability Act Impact Small Business?' at 'Time to Start Up,' the small business blog by BizFilings.
thelawAs defined by www.senate.gov, H.R. 4173 or the Restoring American Financial Stability Act of 2010, is "a bill to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end 'to big to fail,' to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial service practices and for other purposes." Having been blessed by the House and the Senate, the bill awaits the signature of the President. But what does this really mean for small business owners and startups?  There are many viewpoints and opinions available, and I'm asking you to join me in navigating all of the information out there. Here are only a few blogs/articles broaching the subject of the Restoring the American Financial Stability Act:
  1. Financial Reform Legislation Gives Angel Investors a Break
  2. The Big Picture: Restoring American Financial Stability Act
  3. Senate Passes Finance Bill
  4. To Protect Consumers, Who Will Be Regulated
 How do you think this bill will help or hurt you as a small business owner in the long run?