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Deloitte's deputy CEO criticizes JOBS Act

Published June 7, 2012 at 4:58 PM


"We haven't seen people lining up for IPOs," due to the JOBS Act, explains Robert Kueppers, deputy CEO of Deloitte LLP. Says Kueppers, "I just don't think it's going to change the markets or be a game changer." Although the initial public offering pipeline has diminished in recent weeks, he predicts a post-election increase in IPO activity. "You gotta believe that things are going to uptick next year." Kueppers also shares Deloitte's outlook for M&A activity. - Katie Roof


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