The JOBS Act: A Landmark Reform to U.S. Securities Laws

Winston & Strawn hosted an eLunch titled "The JOBS Act: A Landmark Reform to U.S. Securities Laws" on Thursday, June 7, 2012 at 12:15 (Central).

On April 5, 2012, the President signed into law the Jumpstart Our Business Startups Act (the "JOBS Act"), H.R. 3606, which fundamentally alters U.S. securities practice. The JOBS Act is designed to enhance capital formation and improve access to capital markets for startups, small businesses and private investment funds. The act has deep implications for the securities industry, and will affect many other industries as well.

Winston & Strawn attorneys Jim Junewicz, Justin Levy, and Kathryn Leonard participated in a panel discussion moderated by Oscar David that examined the provisions of the JOBS Act, and discussed its implications for the securities industry and private investment funds.

The webinar highlighted key changes to the securities laws under the JOBS Act, including:

• the new streamlined IPO process for Emerging Growth Companies, which aims to enhance access to capital markets;
• relaxation of the rules governing general solicitation and advertising of certain private offerings;
• "Crowdfunding" as a new method of fundraising for private companies; and,
• amendments to the rules governing when an issuer, bank or bank holding company must register as a reporting company with the SEC.

An eLunch briefing is a complimentary interactive seminar offered by Winston & Strawn LLP over the Internet. You'll watch and listen to a presentation at your own computer given by Winston & Strawn attorneys.

Clients and friends of the firm are invited to attend seminars and events. We reserve the right to limit attendance at any firm event.

NOTE: CLE credit is not available for listening to our pre-recorded eLunch or webinar briefings.