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 some of the most
significant changes to the U...
by Phillip J. Kardis II, Robert K. Smith, and Barry Spatzer
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 created
the "IPO On-Ramp" to ease the...
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 which are addressed
in this Emerging Issues Analysis...
J. Kardis II , Robert K. Smith, and Barry Spatzer
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 burdens
of traditional IPOs and private placements...
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 overview of the Act's
provisions, refer here...
The legal world is patiently waiting for the
Securities and Exchange Commission (the "SEC") to enact rules implementing
Title II of the JOBS Act. One of the recent developments in this field is
the issuance by the SEC Staff of frequently asked questions ( FAQs ) regarding the broker-dealer...
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
bipartisan-Republican House Majority Leader...
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
In the last
post of this series , I discussed the progress of implementing the...
This post is the seventh and final in a
series examining the impact of the Jumpstart Our Business Startups Act (or JOBS
Act) one year after its passage and focuses on Titles V and VI of the law and
provides some final concluding thoughts.
Titles V and VI of the JOBS Act are closely related in
Social media company Twitter has filed a registration statement with the SEC to go public in an IPO. They told the world about it, of course, in a tweet. What’s interesting is that the company, with over 200 million users, chose to file confidentially for now, not revealing any details about the...
Social media giant Twitter starts trading following its IPO today. One hopes the lessons of the Facebook IPO debacle are learned. In fact Facebook is now trading $14 above its IPO price, after a very disappointing start. Plus Twitter is choosing a day following a record high on the Dow Industrials index...
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. Some are saying this, along with a previous bill...
All eyes may be on the record-setting IPO of Chinese Internet firm, Alibaba, but the real IPO story for 2014 may be the significant number of IPOs this year involving smaller companies. The number of companies completing IPOs this year is on pace for the highest annual level since 2007, a surge in initial...