JOBS Act 101
On April 5, 2012, the Jumpstart Our Business Startups (JOBS) Act became law. The JOBS Act is designed to stimulate economic growth by improving access to the U.S. capital markets by emerging growth companies.
The JOBS Act created equity crowdfunding and enacted an amendment to Rule 506 that allows companies to advertise their securities offerings. The JOBS Act provides Emerging Growth Companies increased flexibility, scaled disclosure and temporary relief from regulatory burdens that apply to other publicly traded companies.
JOBS ACT 101 was founded to guide companies and funding portals through the requirements of crowdfunding and Rule 506 .