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Emails suggest SEC’s Schapiro delayed JOBS Act rule amid concerns about legacy

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WASHINGTON (Reuters) – Outgoing U. S. Securities and Exchange Commission Chairman Mary Schapiro delayed immediately implementing a rule to lift a ban on broader-based advertising for private placements in part because she feared it would tarnish her legacy as a pro-investor leader of the agency, internal SEC emails obtained by a U. S. House of Representatives oversight panel show. . . .

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