• JOBS Act Seeks To Facilitate Access to U.S. Capital Markets
  • April 10, 2012 | Authors: Michael T. Campoli; Stephen M. Goodman
  • Law Firm: Pryor Cashman LLP - New York Office
  • On March 27, 2012, the U.S. House of Representatives voted to approve the Jumpstart Our Business Startups Act (the “JOBS Act”). The Senate had previously approved the JOBS Act, and President Obama is expected to sign it into law within the next few days. The JOBS Act encompasses a series of initiatives that emerged in Congress over the past year, and that were ultimately brought together in a single piece of legislation. The intention of the JOBS Act is to stimulate job growth and promote capital formation by removing and/or reducing certain costs and regulatory burdens applicable to smaller companies.