A JOB’s Act Update

By: George M. Wilson & Carol A. Stacey

When Congress passed the JOBS Act in 2012 they built it to last. When financial laws last a long time they frequently need a bit of periodic updating. With all credit to Congress and the drafters who designed the JOBS Act, they included provisions for the SEC to make periodic updates in the Act.

 

On April 5, the SEC made several updates, which include an increase in the revenue threshold to qualify as an Emerging Growth Company to $1,070,000,000, an increase from $1,000,000,000. You can read about all the other updates, most of which relate to Regulation Crowdfunding here.

 

As always, your thoughts and comments are welcome!

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