ARTICLE | Politics & Policy
SEC updates JOBS Act
March 26, 2015 2:02 AM UTC
The SEC adopted final changes to Title IV of the Jumpstart Our Business Startups (JOBS) Act of 2012 that it says will make it easier for smaller companies to raise capital in public offerings.
Smaller companies can now sell up to $50 million of securities within a 12-month period through Regulation A offerings, which are exempt from some registration requirements. The previous cap was $5 million. ...