JOBS Act Implementation Regulations

The Jumpstart Our Business Startups Act (JOBS Act) regulations, which were announced on July 10 and which become effective on September 23, promise a new era for capital raising for operating companies and private funds alike. Recently Pepper attorneys, Gregory J. Nowak, Edward T. Dartley and Brian Korn shared their thoughts on the implications of these regulations. Topics discussed included how these new regulations modify the long-standing limits on issuers of securities in private transactions that had prevented such issuers from engaging in public solicitations regarding those securities, the so-called bad-actor provisions, the proposed new Form D filing requirements and the proposed extending Rule 156 mutual fund disclosure requirements to private investment funds. For more information visit, the JOBS Act Resource Center of www.pepperlaw.com at http://www.pepperlaw.com/news.aspx?AnnouncementKey=1957.

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