Welcome to The Times in Plain English   Click to listen highlighted text! Welcome to The Times in Plain English

President to Sign JOBS Bill

April 2, 2012
Plain English Version

President Obama will sign the JOBS bill passed by the House and Senate. The bill makes it easier for entrepreneurs to raise funds for new businesses.

It does this see earlier story by defining “emerging growth” companies. It frees them from certain financial disclosure and governance rules for up to five years. However, companies must still file basic information with the Securities and Exchange Commission

The bill was supported by both parties.

Encouraging people to invest in start-up enterprises with few controls is called “crowd-funding.” Some critics are concerned that the law will result in stocks being sold to unwitting amateur investors.

A consumer advocate said, “We may rue the day this bill passed.”

The New York Times


Print Friendly

In Brief

Sitting, Standing, Moving: The Road to Health 

At some jobs, you stand all day. At some other jobs, you are sitting at a desk. Whether standing or sitting, eight hours of...

Protecting the Unborn and Newborn From Asthma

The number of people with asthma is growing. About 300 million people worldwide have it. About 26 million people in America have it. Only...

Too Many Antibiotics Can Make Children Heavier

Children who use a lot of antibiotics gain more weight than others. The weight they gain may stay with them into adulthood.

A study of...

Enemy of the Day: Sugar

The U.S. government is saying how much sugar we should consume. They suggest that only 10 percent of the average person’s calories should come...


  • dictionary
  • English Dictionary

Double click on any word on the page or type a word:

Powered by DictionaryBox.com
Click to listen highlighted text!