Subject: Re: Driving companies away from markets
I've no means of validation, but I've read many articles also citing the amount of sheer paperwork required to be a public company these days is not really sustainable by a small company.

At some point if the regulatory burden is too large it is in fact anticompetitive because only large firms can hire the lawyers, accountants and other admin staff just to do reporting. I work in an industry that this is a known problem and the govt knows it as well. There are all kind of government initiatives just to help smaller firms...but the obvious solution of don't make it so darn complex never seems to be part of the solution set.