JOBS Act Shows Power of the Crowd
The passage of the Jumpstart Our Business Startups (JOBS) Act into law by President Barack Obama on April 5 had many wide-ranging implications for small businesses, but a bigger impact might be made on investors. That's because, this new law has opened the traditionally private world of investing
to the masses.
The JOBS Act
aims to help small businesses go public by giving a reprieve from Securities and Exchange Commission regulations. The new law will also help small businesses to raise money and gain investors through crowdfunding, which allows more people to invest less money into companies.