This article applies an important lesson of the Second Circuit's decision in Viacom v YouTube to one of the many securities law changes in the JOBS Act. The linkage between these two disparate topics is that they both contain safe harbors; the article explains how YouTube's defense strategy demonstrates that safe harbors which are simpler are easier to comply with, and therefore do a better job of incentivizing businesses to engage in the protected activity. The article concludes by analyzing the safe harbor in the JOBS Act for platforms for angel networking.
- Summary by FizzLaw Team
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Simple Safe Harbors