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April 5, 2012
President Signs JOBS Act

As expected, President Obama signed the JOBS Act (the “Act”) today. As described in our earlier Alert, the Act is likely to have a significant impact on the capital raising activities of smaller private and public companies. Many of the Act’s changes will be effective immediately. Others will require the Securities and Exchange Commission to promulgate rules implementing the Act’s provisions.

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Lowenstein Sandler makes no representation or warranty, express or implied, as to the completeness or accuracy of the Alert and assumes no responsibility to update the Alert based upon events subsequent to the date of its publication, such as new legislation, regulations and judicial decisions. Readers should consult legal counsel of their own choosing to discuss how these matters may relate to their individual circumstances.
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