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| Acronyms (colloquial) | JOBS Act |
|---|---|
| Nicknames | JOBS Act |
| Citations | |
| Public law | Pub. L. 112–106 (text) (PDF) |
| Statutes at Large | 126 Stat. 306 |
| Legislative history | |
| |
The Jumpstart Our Business Startups Act, or JOBS Act, is a law intended to encourage funding of small businesses in the United States by easing many of the country's securities regulations. It passed with bipartisan support, and was signed into law by President Barack Obama on April 5, 2012. Title III, also known as the CROWDFUND Act, has drawn the most public attention because it creates a way for companies to use crowdfunding to issue securities, something that was not previously permitted.[1] Title II went into effect on September 23, 2013.[2] On October 30, 2015, the SEC adopted final rules allowing Title III equity crowdfunding.[3][4] These rules went into effect on May 16, 2016; this section of the law is known as Regulation CF. Other titles of the Act had previously become effective in the years since the Act's passage.
- ^ "The CROWDFUND Act: everything you need to know". Econsultancy. Archived from the original on December 20, 2016. Retrieved December 13, 2016.
- ^ Barnett, Chance (September 23, 2013). "The Crowdfunder's Guide To General Solicitation And Title II Of The JOBS Act". Forbes.
- ^ "SEC Adopts Rules to Permit Crowdfunding". www.sec.gov. Retrieved November 20, 2015.
- ^ "View Rule". Reginfo.gov. December 31, 2012. Retrieved November 21, 2015.
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