During 2012 the President signed the JOBS Act into law.  The goal of the law is to increase the activity in the capital markets, which will in turn stimulate growth and job creation that will spur the economy.  This bi-partisan legislation, named the “Jumpstart Our Business Startups,” is the combination of six different bills introduced in Congress and results in the easing of regulation of public offerings as well as private placements of securities:

  • Expanded Small Public Offerings under SEC Regulation A
  • Relaxed solicitation rules for Regulation D exempt offerings
  • Crowdfunding for smaller investors
  • Staying private provision by increasing allowable shareholders to 2,000
  • IPO on-ramp and creation of a new category of public issuers called Emerging Growth Companies
File Download: The Jobs Act - Staying Private Opportunity