A new study by BDO USA, an accounting and consulting firm, finds that executives at leading investment banks, despite their general bullishness over provisions of the recently enacted JOBS Act, have conflicting views when it comes to a potential downside.
A narrow majority (55%) said they think the JOBS Act will successfully boost the number of businesses going public on U.S. exchanges. That same percentage, however, said they believe the new law’s rollback of regulatory requirements for these newly public companies will “increase the chances for scandals at these businesses”
