Disclosure and Crowdfunding in the JOBS Act
One of the major changes promulgated by the JOBS Act affects financial disclosures. Startups are relieved from many of the more burdensome accounting and reporting requirements, requirements imposed by the Securities and Exchange Acts of 1933 and 1934. This section describes these changes in detail, as well as the provisions relating to crowdfunding—using the Internet as a means to raise capital.
Chapter 4: Acco unting, Reporting, and Other Standards in the JOBS Act: Relief from Regulatory Burdens
In Chapter 4 of this book, I describe changes the law makes to disclosure requirements. These are critical. ...