JOBS Act Issues: Academic Sources

Below are a handful of academic writings relating to the JOBS Act.  We will seek to update this page with additional academic writings as commentators examine issues presented by the JOBS Act.  Please contact us if you have other suggested readings for us to post here.

Last updated May 2012

C. Steven Bradford, The New Federal Crowdfunding Exemption: Promise Unfulfilled, Securities Regulation Law Journal, Vol. 40, No. 3 (May 24, 2012).  Description: Professor Bradford's article takes a critical view of the new crowdfunding exemption because the exemption includes additional restrictions upon crowdfunding websites that will increase regulatory costs (and thus transaction costs).


Stuart R. Cohn, The New Crowdfunding Registration Exemption: Good Idea, Bad ExecutionFlorida Law Review, Forthcoming (May 24, 2012).  Descripton:  Professor Cohn's article takes a a critical view of the new crowdfunding exemption because the exemption includes additional restrictions upon crowdfunding websites that will increase regulatory costs (and thus transaction costs).


Andrew Fink, Protecting the Crowd and Raising Capital Through the JOBS Act (Apr. 25, 2012).  Description:  Mr. Fink provides an overview of the causes and consequences of crowdfunding.


D. Scott Freed, Crowdfunding as a Platform for Raising Small Business Capital,  45-AUG MDBJ 12  (July/August2012).  Description:  Mr. Freed discusses possible methods of regulating crowdfunding websites.  This article was written prior to the passage of the final version of the JOBS Act. 


Thomas A. Martin, The Jobs Act of 2012: Balancing Fundamental Securities Law Principals with the Demands of the Crowd (Apr. 12, 2012).  Description:  Mr. Martin finds that potential economic benefits from the JOBS Act outweigh the small risk to the three main goals of American securities regulation (investor protection, market stability, and maintaining the integrity of the United States capital markets).