“Relaxed investing rules could boost startups”
– Austin American Statesman (A1), 9-22-13
1.
Category: Economy
2.
Level: Local
3.
This
article involves a potential policy that is being
considered to help an issue that individuals are facing.
4.
This issue is important to individuals
who are trying to start up their own companies. As investing rules become more
relaxed, it will be easier for these companies to get the financial backing
through investors. Additionally, they
will be able to advertise more efficiently.
5.
After the JOBS Act was passed in
2012, the strict regulations that were mandated by the Securities Act of 1933
were relaxed greatly. What does this mean for local business in the Austin
area? That means that they will be able to advertise (nearly) however the feel
in order to get the financial backing they need in order to succeed. This is
great for our local economy! On the other hand, is this really any better for
the individual consumer? I honestly feel like we are already overstimulated
with the billions and billions of advertisements we see each day. If I tried to
tell you every advertisement I saw today, I would be typing for hours.
Additionally, there would be hundreds of advertisements that I overlooked. Our
society has become numb to advertising. According to the article, the companies
will now be able to use print ads, television, the internet, billboards, and
banners when advertising for investors. To clarify, the consumer will not only
be subjected to the advertisement geared towards them but also to the
advertisement intended for the potential investors who could help their company
financially. Honestly, I think the United States needs to regulate the amount
as well as the content of our advertisement a little more; not reduce the
amount of regulation on advertisement requirements. Think about the amount of
advertising that the average child is exposed to each day- the U.S. is not
regulating it. They see all these unhealthy foods for hours each day, and the
government wonders why we continue to have a problem with child obesity? The
amount of advertising one company is allowed to expose to consumers should be
limited, in my opinion.
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