The New Jumpstart Our Business Startups Act (JOBS Act)
Dave Gurtman, Esq., Contributor
The Jumpstart Our Business Startups Act (JOBS Act) became effective as of April 5, 2012. While the SEC has until July 4, 2012 to publish regulations regarding lifting the advertising ban and crowdfunding, the law opens new doors for raising money by small business.
As counsel to many entrepreneurs and small businesses, I have personally experienced the difficulties and expense of complying with state and federal securities laws. While many of those hurtles will still exist after the JOBS Act, the crowdfunding portion of the Jobs Act could make life easier for entrepreneurs who want to use modern technology to reach a larger audience of fans and investors. Read the full post....



Wednesday, May 2, 2012 at 06:36PM