Does a new crowdfunding bill for startups go too far?

Is new legislation that is aimed at allowing startups to raise money from individuals really going to help the economy — or is it just going to increase the number of stock scams and help fuel a dangerous kind of bubble mentality around investing?

Inflated Tech Valuations? Blame Uncle Sam

Thanks to the feds and Sarbanes-Oxley, tech valuations on the secondary market are surging as retail investors pay huge premiums to buy a stake in Facebook, Twitter. The feds made the moribund IPO market even worse, and the result has made it harder for retail investors.