JOBS Act: Exemption for Certain Securities (Small Company Capital Formation) Summary | Practical Law
This Note summarizes key provisions of the Jumpstart Our Business Startups (JOBS) Act relating to the exemption from registration under the Securities Act of 1933 of certain smaller securities offerings. These provisions directed the SEC to amend Regulation A under the Securities Act or to adopt a new, similar regulation in order to exempt securities offerings of up to $50 million, subject to certain conditions. This amended regulation is informally referred to as Regulation A+.