Securities & Capital Markets Issues "JOBS Act" Update
The Capital Markets & Securities Regulation team has issued a Corporate and Securities Update entitled "Jumpstart Our Business Startups Act." The update provides a summary of key provisions of the Jumpstart Our Business Startups Act (the “JOBS Act”), which President Obama signed into law on April 5.
The JOBS Act should reduce the regulatory burden of raising capital in the public and private capital markets for certain companies. Private companies seeking access to private capital markets or considering an initial public offering may be significantly affected.