Problems with the JOBS Act and How They Can Be Fixed

The 2012 Jumpstart Our Business Startups Act (the JOBS Act) was designed to reduce the regulatory burden on entrepreneurs seeking to raise capital to launch or grow their business. It improved the regulatory environment for private offerings and Regulation A offerings, reduced the burden on newly public “Emerging Growth Companies” and permitted crowdfunding. But the law contained serious flaws that seriously reduce its effectiveness. Please join us for a discussion of the impact of the JOBS Act, its flaws, and how to fix those flaws.