2015考研英语阅逆势而变_大学英语阅读

2015考研英语阅逆势而变

　　Over the past decade, Congress and aggressive prosecutorsnotably New York s formerattorney-general, Eliot Spitzerhave responded to various upheavals on Wall Street,including the dotcom bubble, the collapse of Enron and the financial crisis, by imposingextensive regulations. Whether these rules protected investors or improved overall marketefficiency is a subject for debate. But they have definitely coincided with a period when thenumber of public companies in America has dropped in both absolute terms and relative toother countries. Critics charge that the rules have been devastating to the ability ofentrepreneurial firms to access funding on public markets.

　　过去的几十年中，国会和激进的检察官们尤其是纽约市前任司法部长，艾略特.斯皮策都通过执行额外监管条例来应对华尔街的各大变故，包括互联网泡沫，安然公司倒闭以及金融危机。这些条例是否保护了投资者利益或提高了整体市场效率则只能在辩论中找到答案。但在美国企业数量从绝对指标与相对指标上都落后其他国家时，这些政策显然很合时宜。批评者们却指责道这些政策极大破坏了创新性企业在公共市场上的融资能力。

　　The JOBS actor the House version of it, at leastis packed with provisions to reverse theregulatory tide. It allows emerging growth companies with under $1 billion in revenue,hardly small change, to skip various reporting requirements and internal audits. It amendsaccounting rules. It loosens compensation constraints. And it allows limited onlinecrowdfunding by equity investors who are not designated as sophisticated . The law also provides protection against often intrusive state regulationsand reduces the restrictions on underwriters using public offerings to fund research.