Since being signed into law at the start of last month, market chat has centred on the Jumpstart our Business (Jobs) Act.
Aside from its strategic title which conveniently, if not tenuously,
suggests it may have a role in solving one of the US economy's primary
problems, Jobs' removal of hurdles to capital formation are worthy of
its April headlines.
Allowing general solicitation and a streamlined IPO-path for the new
category of emerging growth companies have...