The shake-up at the SEC and crowdfunding

As previously reported, the SEC has been frustrating thousands of would-be entrepreneurs and the professed will of Barack Obama by failing to implement the crowd-funding provisions under the JOBS Act passed last April. The agency is many months late, and that has frozen business in its tracks. Now, with SEC Chairwoman Mary Schapiro's resignation, entrepreneurs are worried that the regulator will kick the crowd-funding even further down the road.