Banking and Finance

Recent Posts

What the JOBS Act Means for Private Offerings
Posted on 17 Jul 2012 by K & L Gates LLP

by David Mishel, Nicholas S. Hodge, Kay Gordon, Yusef Alexandrine, and Remsen M. Kinne IV The JOBS Act contains number of provisions that will directly impact private funds, their advisers, and broker-dealers that participate in private fund offerings... Read More

Next Steps for the JOBS Act
Posted on 28 Mar 2012 by Doug Cornelius

The Jumpstart Our Business Startups Act, as amended by the Senate, was voted on by the House of Representatives yesterday and passed 380 to 41. That makes it a very bi-partisan bill, even though a ll 41 "Nays" were Democrats . If I remember... Read More

Crowdfunding Under the JOBS Act: The Bottom Line Impact on Private Equity Issuers and Market Intermediaries
Posted on 2 May 2012 by Corporate and Securities Law Community Staff

by Jonathan B. Wilson and Dianne L. Trenholm Excerpt: On April 5, 2012, President Obama signed the Jumpstart Our Business Startups Act (the "JOBS Act"), H.R. 3606, into law calling it "a potential game-changer" for startup... Read More

The Practical Implications of the "JOBS" Act for EB-5 Practice
Posted on 16 Apr 2012 by Yi Song

On March 22, 2012 Washington, DC, "Jumpstart Our Business Startups" (JOBS) Act was passed by the Senate, following its passage on March 8, 2012 by the House of Representatives. The purpose of the said legislation is to ease the regulatory... Read More

Final Senate Version of Crowdfunding
Posted on 27 Mar 2012 by David N. Feldman

As we know, the Senate changed the version of the Jumpstart our Business Startups (JOBS) Act in only one way, they added an amendment, drafted by Sen. Merkley (but also supported by Sens. Bennet and Brown), which added more investor protections to... Read More

Steps to Determine if an Investor is Accredited
Posted on 2 Apr 2012 by Doug Cornelius

Private funds will be able to advertise and solicit for investor, provided all of the investors are " accredited investors ." The Jumpstart Our Business Startups Act will dramatically change the way capital raising for private funds operates... Read More

Yes, Consumer, Real Estate, and Business Finance Companies, You Too Can Take the IPO On-Ramp
Posted on 17 Jul 2012 by K & L Gates (John W. Rotunno et al.)

by Phillip J. Kardis II, Robert K. Smith, and Barry Spatzer Excerpt: Just as HOV lanes were created to ease the commuting burden for those who meet certain requirements, the recently enacted Jumpstart Our Business Startups ("JOBS") Act... Read More

Lifeline or Rising Tide? Understanding Emerging Growth Companies under the JOBS Act
Posted on 15 Apr 2013 by Corporate and Securities Law Community Staff

Laws don't often get their own parties. But for the irresistibly named Jumpstart Our Business Startups (JOBS) Act, President Obama held a rare public ceremony in the White House's Rose Garden in its honor. Even more notably, this party was quite... Read More

House Committee Starts Exciting Work on JOBS 2.0
Posted on 11 Apr 2014 by David N. Feldman

A key subcommittee of the US House Financial Services Committee has announced a hearing tomorrow morning to begin consideration of a group of 7 bills that could coalesce into a large initiative to benefit small businesses and smaller public companies... Read More

Crowdfunding the Crowdfunders
Posted on 5 Apr 2012 by Doug Cornelius

With President Obama set to sign the Jumpstart Our Business Startups Act on Thursday, it seems the race is on to create a crowdfunding portal and to start making money. Crowdfunding has been around for a long time and the use of a crowdfunding portal... Read More

In Spite of What You May Have Heard, the Senate Just Effectively Killed Crowdfunding
Posted on 30 Mar 2012 by Alexander Davie

This last week, the Senate passed the " JOBS Act ," leaving it one step away from final passage by Congress and Signature by President Obama. The JOBS Act contains a number of provisions which are aimed at reducing the securities compliance... Read More

The JOBS Act, a Year Later – Part 4: Online Angel Investment Platforms
Posted on 16 May 2013 by Alexander Davie

This post is the fourth in a series examining the impact of the Jumpstart Our Business Startups Act (or JOBS Act) one year after its passage and focuses on the provisions related to online angel investment platforms. In the last post of this series... Read More

Capital Markets Relief: JOBS Act Eases Regulatory Barriers to IPOs and Other Capital Raising Alternatives
Posted on 27 Jul 2012 by K & L Gates LLP

by Phillip J. Kardis II , Robert K. Smith, and Barry Spatzer Excerpt: On April 5, 2012, the President signed into law the Jumpstart Our Business Startups (JOBS) Act (H.R. 3606), which incorporates several initiatives aimed at easing the regulatory... Read More

JOBS Act Heralds New Era for Startup and Emerging Growth Company Financing
Posted on 16 Jul 2012 by Perkins Coie

by Karl J. Ege, Martin E. Lybecker, Danielle Benderly, and James T. Carroll The JOBS Act's stated purpose is to spur job creation and economic growth by improving access to capital for emerging growth companies. To do so, the JOBS Act will make... Read More

The JOBS Act After One Year
Posted on 3 Apr 2013 by Kevin M. LaCroix

A year ago, President Obama signed the Jumpstart Our Business Startups (JOBS) Act, a legislative product of rare bipartisan collaboration that was intended to improve employment and make it easier for smaller firms to raise private equity. (For an... Read More