Key Benefits Of Enactment Of The “Jumpstart Our Business Startups Act”

In April, the “Jumpstart Our Business Startups Act” (the “JOBS Act”) was signed into law by President Obama. The JOBS Act: Removes the prohibition on general solicitation in connection with transactions effected pursuant to Rule 506 or Rule 144A under the Securities Act of 1933, provided that sales are limited to qualifying investors Alters the …Read More