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It's great that the SEC is moving forward with implementing the JOBS Act, but sadly what the SEC voted on isn't a good fit for startups and small businesses. It
by gbelote 12y ago
It's great that the SEC is moving forward with implementing the JOBS Act, but sadly what the SEC voted on isn't a good fit for startups and small businesses. It's more of an "IPO-lite" and for the most part only makes sense for companies that are a year or two away from going IPO.
On the upside, the "good stuff" from the JOBS Act (Title III) should be implemented by the end of the year.