"Crappy IPOs" is the top point for me. This Act only further encourages unprofitable companies with no real plan-to-profitablity to dress up and hit the public

"Crappy IPOs" is the top point for me. This Act only further encourages unprofitable companies with no real plan-to-profitablity to dress up and hit the public with over-hyped IPO roadshows. It all becomes about hype vs. substance. We've seen it all before and it's rediculous that such activity has now been codified.