Last month both the Senate and the House of Representatives passed the “Jumpstart Our Business Startups” (JOBS) Act by an overwhelming majority. This Act is intended to relieve some of the burdens on many small businesses and make it easier for them to raise capital and help them prosper. Signed last week by President Obama, this new law should mean great things for the EB-5 industry. However, many EB-5 Regional Centers may believe prematurely that the new law also means the complex United States securities laws are no longer a concern in their marketing efforts. It may not be that simple. In his article “WooHoo! The JOBS Act’s Passage Means No More Securities Compliance in EB-5, Right? Not So Fast. . .,” Securities/corporate lawyer Michael G. Homeier of Homeier & Law, PC breaks down all six laws comprising the Act and explains their impact on EB-5 operations.
Click here to read his article.
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