Summary of the JOBS Act
The JOBS Act represents a fundamental change in the business financing environment. Many companies, previously blocked out of the market for capital, will now be able to obtain business financing. This will lead to disruptions across the board.
The JOBS Act starts by encouraging small companies to sell stock to the public (known as “going public”). The second section of the law eliminates certain restrictions against selling stock to the general public, lowering certain outdated safeguards meant to prevent the sale of securities to persons and institutions who are unqualified or unprepared to purchase them.
The third section ...
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