As predicted, companies have begun to file confidentially under the recently passed JOBS Act, hiding the details of company operations from investor scrutiny until the last minute. TechCrunch has pointed out that SolarCity, which filed last week, has received nearly no attention, and that other companies are saying they will follow the same route. The end result of this isn’t yet known, but it could either help the companies stay under the radar, or increase mistrust on the side of the investors. A nightmare come true for some.

[Source: TechCrunch]