2012’s Jumpstart Our Business Startups (JOBS) Act was hailed in the EB-5 industry as meaning that the expensive, time-consuming, and complicated compliance with U.S. securities laws was now history. But while the JOBS Act removed some impediments to selling EB-5 investments, it did not eliminate the application of U.S. securities laws to EB-5.
The JOBS Act provides significant, immediate easing of certain troublesome securities obligations, most notably the Reg D proscription of public advertising and the Reg A+ ceiling and exclusion of unaccredited investors.In general, the Act is making EB-5 easier and enhancing success.
In NES Financial’s recently released eBook, Navigating a Changing EB-5 Sector: Insights from Experts, Michael Homeier of Medallion Partner Homeier Law wrote an article on the JOBS Act, with an expansion on the above paragraphs.
Read the full article by downloading your free copy of the eBook today!