JOBS Act Issues: Government Sources

Mary Schapiro (Chairman of the SEC), JOBS Act in Action Part II: Overseeing Effective Implementation of the JOBS Act at the SEC, Testimony before Congress (June 28, 2012).


Securities and Exchange Commission, Public Comments on SEC Regulatory Initiatives Under the JOBS Act.  Description: Compilation of the public comments received by the SEC on the JOBS Act - sorted by Title. 


Securities and Exchange Commission, Update regarding the submission of draft registration statements submitted under the JOBS Act and Division policy for certain foreign private issuers (Apr. 5, 2012). 


Securities and Exchange Commission's Division of Corporate Finance, Frequently Asked Questions about Title I of the JOBS Act (May 3, 2012).  Description: Guidance on the implementation of Title I of the JOBS Act, which includes exemptions from certain securities laws regulations for "emerging growth companies." 


Securities and Exchange Commission's Division of Corporate Finance, Frequently Asked Questions about Changes to the Requirements for Exchange Act Registration and Deregistration (Apr. 11, 2012).  Description: Guidance on the changes to the requirements for registration of a class of equity securities. Many of the questions pertain to the change in the record-shareholder requirement so that companies (which are not listed on an exchange) are not required to register with the SEC until they have 2,000 record-shareholders rather than 500.


Securities and Exchange Commission's Division of Corporate Finance, Frequently Asked Questions about Confidential Submission Process for Emerging Growth Companies (Apr. 10, 2012).  Description: The JOBS Act amends Section 6(e) of the Securities Act so that an emerging growth company may confidentially submit to the SEC a draft registration statement for non-public review by the SEC staff.  These FAQs provide guidance on the new Section 6(e). 


Securities and Exchange Commission's Division of Trading and Markets, Frequently Asked Questions About Crowdfunding Intermediaries (May 7, 2012).  Description: Guidance on the implementation of the crowdfunding intermediary provisions of the Jumpstart Our Business Startups Act (JOBS Act).