U.S. securities laws were created in the 1930s, following the Great Depression. Ever since, ordinary Americans have been locked out of the market for small, private companies – where most of the country’s wealth is created. That’s part of the reason why the rich get richer while the rest of us watch.
Because of the Jumpstart Our Businesses Startups (JOBS) Act of 2012, ordinary Americans now have the chance to participate in this exciting market. And we’re doing our best to make it simpler and easier for them.
The JOBS Act is a law intended to encourage funding of small businesses in the United States by easing many of the country's securities regulations.