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“Private” capital-raising under the JOBS Act
  • Sullivan & Worcester LLP
  • USA
  • July 9 2012

With bipartisan support, the “Jumpstart Our Business Startups Act,” or the JOBS Act, was approved in both houses of Congress, and on April 5, 2012, President Barack Obama signed it into law.


JOBS Act: reducing regulatory burdens on companies going public and expanding private capital raising opportunities
  • Sullivan & Worcester LLP
  • USA
  • April 10 2012

With bipartisan support, the “Jumpstart Our Business Startups Act” (JOBS Act), was approved in both houses of Congress, and signed into law by President Obama on April 5, 2012.


Companies raising capital now have a smaller pool of investors to choose from
  • Sullivan & Worcester LLP
  • USA
  • January 18 2012

Following concerns about the housing bubble artificially inflating individuals’ net worth and thereby increasing their eligibility to purchase securities in private offerings with less information than they otherwise would be entitled to, Congress revised the definition of “accredited investor” to exclude the value of a person’s primary residence in determining if the investor has the requisite net worth.



Marie R. Handfield
  • Sullivan & Worcester LLP