This post is the second in a series examining the impact of the JOBS Act one year after its passage. The post focuses on the IPO On-Ramp.
In my previous post, I discussed the disappointment experienced by many proponents of loosened securities regulations with implementation of the Jumpstart Our Business Startups Act (or JOBS Act). While some provisions of the JOBS Act went into effect immediately, implementation of many of the core provisions of the law has been excruciatingly slow while the SEC goes through the rulemaking process. In this second post, we’ll look at the first set of provisions of the JOBS Act: “the IPO On-Ramp.” [Read more...]