Statement of Sen. Carl Levin to the Committee on Banking, Housing and Urban Affairs

Statement of Sen. Carl Levin to the Committee on Banking, Housing and Urban Affairs

December 1, 2011 – (RealEstateRama) — Today’s hearing is intended to examine several bills that are now being characterized as small business “jobs” or “capital access” bills. Each of these bills is designed to address a perceived challenge facing small or private businesses, but all of them would eliminate or diminish aspects of the federal securities laws. I thank the Chairman for holding today’s hearing, which I hope will explore many of the issues raised by these bills.

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