One of the many securities law changes contained in the Jumpstart Our Business Startups (JOBS) Act was to create an exemption for crowdfunded offerings meeting certain conditions. As this article indicates, the new exemption will likely lead to significant growth in crowdfunding; the article details some of the implications of this shift, including the types of firms which are most likely to benefit from it.
- Summary by FizzLaw Team
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Obama’s JOBS Act Boosts Crowdfunding