Both parties were enthusiastic. My point is only the origin of the changes and the external lobbying forces that supported it. It came out of the non-profit sector and microfinance geeks in the social science/social media industry (yes, academia and non-profits have become big businesses).
It came from the Obama administration who asked the SEC to study it. The proposal came with the JOBS Act and for political reasons the Obama administration had a NC Republican congressman formally submit it.
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