Jumpstart Our Business Startups Act (“JOBS Act”) Brings Venture Capital Investment to the Masses

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Today, President Obama is scheduled to sign into law the Jumpstart Our Business Startups Act (the “JOBS Act”), which will make it easier for many startups and small companies to raise capital from investors through what is referred to as “crowdfunding”. The JOBS Act allows qualifying companies to raise up to $1 million annually from investors using any medium of advertisement, including the Internet.

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Published In: Administrative Agency Updates, Business Organization Updates, Communications & Media Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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