JOBS Act pushes ahead

JOBS Act pushes ahead

Startups can find investors easier
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FILE
Carolyn Kaster/Associated Press file photo
President Barack Obama signs the Jumpstart our Business Startups (JOBS) Act, in the Rose Garden of the White House in Washington. Crowdfunding, long used by charities to raise money, is becoming a popular way for startups to raise money. The JOBS Act, signed into law last week by President Obama is expected to spur more funding for small businesses through rules that include a provision that allows companies to sell stock to a larger number of investors without going through the hassle and cost of registering with the Securities and Exchange Commission.
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