House Passes Bipartisan "JOBS & Investor Confidence Act"
Publication Date: July 19, 2018

In a near unanimous vote of 406-4, the House passed the bipartisan "JOBS and Investor Confidence Act of 2018," aimed at helping small businesses, entrepreneurs and investors by reforming our capital markets. The critical legislation includes provisions to: make it easier for companies to go public by extending on-ramp exemptions for emerging growth companies to give them more time to financially sustain costs and requirements associated with full compliance; ease regulations on Initial Public Offerings to increase opportunities for everyday investors; and expand the definition of "accredited investors" to make it easier for startup companies and small businesses to attract investments.