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Bankers Divided on Impact of JOBS Act (Accounting Today)

Investment bankers surveyed saw both pros and cons in recently enacted legislation.

The investment banking community has a nuanced view of the JOBS Act, according to a study by accounting and consulting organization BDO. The majority believe that it will impact the IPO market positively, and approve of provisions to allow crowdfundings and repeal the ban on publishing analyst research for IPOs.

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