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Commercial Law

Apr. 23, 2010

New Rules Limit Start-Ups

Proposed new federal regulations may increase costs associated with startup ventures and reduce the number of new businesses created.

By Mandy Jackson

Daily Journal Staff Writer

Little-known proposals for new federal financial reforms may increase costs to startup ventures and reduce the number of new businesses created, according to lawyers and investors.

One short provision in the 1,336-page reform legislation, authored by Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd, D-Conn., could change the definition of an "accre...

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