JOBS ACT of 2012 (Jumpstart Our Business Startups)

The JOBS ACT of 2012 (Jumpstart Our Business Startups) was legislation signed into law in April 2012 that was intended to encourage funding of small businesses by lifting various securities bans and easing regulations. Titles II and III of the legislation are the two most discussed sections among investors, advisors and the crowdfunding and startup communities. Title II, which lifted the ban on general solicitation, was passed on September 23, 2013. Title III of the JOBS Act established crowdfunding provisions that allow the offering and selling of securities by early-stage companies.

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