“Streamlined" prospectuses and exemptions from some accounting standards for small companies have been tried before in individual countries – and have failed. Looser standards for issuers weaken protection for investors, and there is evidence that lax regulation of new issues may reduce investor demand for them, raising the cost of finance.
一些老生常谈已被剔除出下一轮讨论之外。“改进”招股书以及豁免小公司的某些会计标准等手段此前已在个别国家做了尝试，并以失败告终。放松的发行人标准会削弱投资者保护，并且有迹象表明对新股发行监管的放松会降低投资者对新股需求，增加融资成本。