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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