It happens all the time. The exciting coming attraction for a movie creates high expectations for a thrilling blockbuster, but when it finally comes out, it doesn’t live up to the hype.
The Jumpstart Our Business Startups Act, better known as the JOBS Act, may be following just such a fate. Billed by Congress as a stimulating way to remove barriers to capital formation, reenergize the stagnant IPO market, and create jobs, it thus far hasn’t lived up to high hopes.
