SEC Eases Registration Rules On Startup Funding

Law360, Washington (December 18, 2013, 12:48 PM EST) -- The U.S. Securities and Exchange Commission on Wednesday unanimously approved a proposed Jumpstart Our Business Startups Act regulation that would allow small businesses and startups to raise up to $50 million in capital with less federal and state red tape.

The five commissioners voted in favor of the JOBS Act-mandated proposal known as “Regulation A+,” as it updates the seldom used Regulation A that exempted some public offerings under $5 million from SEC registration requirements.

Under the current proposal, Regulation A+ increased that exemption to $50...
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