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Home / Firm Blog / Business Law / Crowdfunding / What is the JOBS Act?
02
April
2015

What is the JOBS Act?

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.

Author; Pat Gallagher Categories: Crowdfunding

About the Author

Pat Gallagher

Pat Gallagher

Attorney Pat Gallagher is founder of The Gallagher Law Firm overseeing its day-to-day operations, as well as the long-term strategic planning of the firm. He focuses his law practice on the needs of businesses and specializes in a wide variety of transactional matters, litigation and mediation. He received his J.D. legal degree from the Washington University School of Law in St. Louis, Missouri. Mr. Gallagher has litigated cases throughout Michigan before the American Arbitration Association, State and Federal Courts, Michigan Court of Appeals, Michigan Supreme Court and the United States Court of Appeals.

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