With More Investor Safeguards, JOBS Bill Heads To Obama

Law360, New York (March 28, 2012, 6:26 PM EDT) -- A collection of six measures meant to help U.S. businesses access capital more easily is headed to the president's desk after passing the U.S. House of Representatives on Wednesday, but not without beefed-up restrictions aimed at protecting investors from fraud.

The Senate passed the Jumpstart Our Business Startups, or JOBS, package last week after adding extra restrictions on crowd-funding, which allows companies to raise smaller amounts of money from more investors without having to report to regulators or file for an initial public offering.

For companies...
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