The Jumpstart Our Business Startups Act (the JOBS Act) was signed into law by President Obama on April 5, 2012. The JOBS Act makes it easier for private, U.S. companies to raise capital by selling investments in their companies (securities) to investors by reducing regulatory requirements and government oversight. Note: Only private (not publicly traded) U.S. companies may avail themselves of the JOBS Act provisions.
DISCLAIMER: The adoption of the JOBS Act has raised many questions and issues related to Crowdfunding; these Frequently Asked Questions (FAQs) are intended to provide clarification. The information below does not take the place of legal advice. To protect against undesired and unintended consequences, one should consult with competent legal advisors.