The JOBS Act at least has initiated a shift from heavier regulation to smarter regulation -- regulation that strikes a good balance between protecting investors and stimulating a more robust, fluid, and effective capital market.
Whether we like it or not, government is an increasingly central player in social and environmental markets. After all, there is a clear public interest in the positive benefits impact investing can bring.
When it comes to campaigning and messaging -- as opposed to governing and solving real-life problems -- Republicans almost always surpass expectations. If Democrats "get it," they could use the same strategy to their great advantage.
Thousands of us entrepreneurs will benefit from the JOBS Act. This could become a very viable and exciting way for small companies to raise capital. But not yet. The Securities and Exchange Commission (SEC) has nine months to draw up the regulations.
Like it or not, Wall Street's stranglehold on investment is over. We now have a new legal landscape that we can play a pivotal role in shaping. Everyone who cares about the vitality of Main Street needs to step up, not out.
The law eases restrictions for small businesses to raise capital, most notably through the introduction of equity based crowdfunding, the process of aggregating small individual investments to meet a larger financial goal for a small business.
This year, if you say "Tax Day" and "social movement," the Tea Party isn't necessarily the first thing that comes to mind. And if you go looking for a protest, you'll likely find folks protesting against the tax evaders of the top 1 percent.
The JOBS act helps more people, entrepreneurs and investors, find more opportunity. That, more than bailouts, is the wise role for government to play in the shift from an industrial to a digital economy.
Whether regulation is hampering business and stymieing job creation is just as important as whether the public interest is being served and what would be lost if the regulations were rolled back or pruned.