Employer access of social media accounts owned by existing and potential employees continues to capture the interest of state and federal legislators. From law firm Downs Rachlin Martin: “… just last month, Maryland became the first state to officially put a password privacy law ‘on the books.’ Maryland’s law, which goes into effect this October,… Read more »
On April 5, 2012, President Obama signed into law the Jumpstart Our Business Startups (JOBS) Act, which will help small businesses and emerging growth companies raise capital and go public: “The provisions of the JOBS Act represent a watershed change to the laws and regulations governing capital raising for private companies. Some of the provisions –… Read more »
“Come together, right now, over…” JOBS! In late March, both Congressional chambers overwhelmingly voiced their support for the Jumpstart Our Business Startups (JOBS) Act. The bill, which President Obama signed into law on April 5, 2012, contains a variety of measures that will ease barriers for companies seeking to raise money and go public. For… Read more »
With broad bipartisan support, the House passed on Thursday the “Jumpstart Our Business Startups (JOBS) Act.” The Act contains a number of measures designed to assist startups and small businesses, including in particular the removal of SEC restrictions on crowdfunding. From the Washington Post: “The House bills passed Thursday would make it easier for small businesses… Read more »
“There has been a lot of talk recently about a phenomenon called crowdfunding, a new type of fundraising that relies on social media and the Internet to raise small amounts of capital from large numbers of individuals. Despite the talk, crowdfunding remains impermissible under the securities laws absent a costly registration with the SEC and… Read more »
