JOBS Act

The Jumpstart Our Business Startups (JOBS) Act was intended to lighten the restrictions and regulations placed on small businesses by the SEC to allow for more economic success. Particularly, it attempts to make it easier for startups to get capital financing. The JOBS Act primarily ventures to do this through making crowdfunding a legitimate source of financing. But, while this is the most talked about innovation that the JOBS Act introduced, it is not necessarily practical because the costs associated with crowdfunding still remain disproportionately high.