Wednesday, December 19, 2012

Regulation venture capital in Europe: Don't let this happen to us

One only has to read a couple of paragraphs of this story about the European Union's proposed new regulation of venture capital -- which, for all I can tell, is deregulation -- to think (a) there but for the grace of freedom go us, and (b) please, please, please, do not let the nannies do it to us.

1 comment:

  1. I love how they say that their "voluntary" regulation is expected to become mandatory by July 2013.

    Note that only existing managers qualify for the "exemptions". Way to bolster the incumbent.

    One thing I do like is the 100 million Euro threshold. US thresholds are more like $1-5 million, and haven't been changed since the '70s.

    I expect that this is exactly what Dodd-Frank will do to us.


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