Investment Management - JOBS ACT of 2012: What People Are Saying
September 12, 2013
In this issue:
JOBS ACT of 2012: What People Are Saying
In an effort to promote capital investment into U.S. companies in 2012, Congress passed the Jumpstart Our Business Startups Act of 2012 (JOBS Act). The legislation requires that the implementing agency seek out public comment on certain initiatives. Existing comments can be found on the website of the U.S. Securities and Exchange Commission (SEC), and are considered as the SEC develops the rules around crowd funding and the like. To date, it appears that input on these issues has been very robust, with comments coming from many interested parties, like investors, start-up companies, professors, industry groups, and even members of Congress. Such commentary is a vital part of the process, and while this law appears to have its advocates and opponents, this brief attempts to set forth just some of the themes that the current set of comments has raised to date.
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