October 6, 2013 | Milwaukee Journal Sentinel

The JOBS Act was passed by Congress and signed into law by the President about 18 months ago. The goal was to make things easier for entrepreneurs who are raising money for privately held business start-ups, as well as broaden the pool of investors for such start-ups. The reality has fallen far short of that goal. Business start-ups are still unclear on how to go about advertising their need for investment dollars, angel investors are worried about a spate of intrusive paperwork, and regulators still aren't sure how to protect the public from scam artists.