Regulation A’s Futility Before and After the J.O.B.S. Act

In April of 2012, President Obama signed into the law the J.O.B.S.  (Jumpstart Our Business Startups) Act.  The law’s intent and design was to make it easier for small businesses to raise money by easing their regulatory burdens both on raising capital and operating as publicly traded companies on an ongoing basis.  This article focuses on the J.O.B.S Act’s Title IV.  Title IV revises an exempt offering provision referred to as Regulation A. Prior to its revision, Regulation A was a seldom used offering exemption because companies felt that the steps necessary to complete a Regulation A offering far outweighed … Read more