Hayden Bergman http://haydenbergman.com Attorneys Thu, 05 Apr 2012 23:57:31 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Jumpstart Our Business Startups Act http://haydenbergman.com/2012/03/27/jobs-act/ http://haydenbergman.com/2012/03/27/jobs-act/#comments Tue, 27 Mar 2012 23:06:51 +0000 pbergman http://haydenbergman.com/?p=75 The Jumpstart Our Business Startups Act was approved by both Houses on Congress on March 27, 2012 and signed into law on April 5, 2012.

The Act makes several significant changes to the securities laws for startups and emerging growth companies, including:

  • Startup companies would be allowed to raise money through a limited “crowdfunding” exemption.
  • Startup companies would be allowed to use advertisements to raise money from accredited investors.
  • Emerging growth companies would initially be subject to less stringent reporting requirements after going public.

See attached our firm memo.

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