Title

U.S. Senate Passes Amended Version of the Jumpstart Our Business Startups Act
Client Newsflash

Created date

3/22/2012
Today, the U.S. Senate passed the House version of the Jumpstart Our Business Startups ("JOBS") Act with amendments only to place further limitations on the "crowdfunding" exemption for private companies to raise a limited amount of capital without Securities Act registration. As a result, the amended version of the JOBS Act will go back to the House of Representatives for approval as early as next week.