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New Finance Law Could Slow Angel Investment

Hidden in the recently proposed Restoring American Financial Stability Act of 2010 are a few provisions that would make it slower and tougher for entrepreneurs to connect with angel investors. That’s got some entrepreneurs and funders steamed, saying the changes could cripple angel investing at a time when traditional bank loans are hard to find and make it even harder for small businesses to pull the economy out of recession.

The provisions causing the ruckus would:

By: Carol Tice

Full Story: http://blog.entrepreneur.com/2010/03/new-finance-law-could-slow-angel-investment.php

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If you are concerned about this proposed legislation please contact Sen. Chris Dodd [email protected] and your Senators and Legislators

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