Wall Street is examining whether it will benefit from a little-known section of a broad new law that President Obama is expected to sign on Thursday.
Provisions tucked into the so-called JOBS Act, or the Jumpstart Our Business Startups, will roll back some major securities regulations and parts of a landmark legal settlement struck almost a decade ago. That 2003 settlement built a Chinese wall between Wall Street research analysts and investment bankers, an effort to prevent analysts from improperly promoting stocks to help their firms drum up business from corporate clients.
Under the new legislation, some of those restrictions would be eased when it comes to smaller companies, so-called emerging growth companies.
To read the full, original article click on this link: Wall Street Examines Fine Print in a Bill for Start-Ups - NYTimes.com
