The JOBS Act is actually seven different bills combined and was signed into law April 5, 2012. The bills ranged from an IPO onramp to give emerging growth companies an easier way to get into the IPO market which was dying, to a law to fix regulation A which is a great fundraising tool. This fix was a mini IPO that small companies can do to raise a lot of money. There was also a rule to change private placement so that people could go online to raise money through private placements, instead of having to do that behind closed doors with customers and people you've already done business with. Learn More
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