| 04.04.2012 JOBS Act passes both houses, ends prohibition on general solicitation |
| Bailey McCann, Opalesque New York: Both houses of Congress have passed the Jumpstart Our Business Startups Act (JOBS Act), a new piece of legislation which will eliminate the prohibition of general solicitation by private funds. The bill, HR 3606, is expected to be signed into law by President Obama as early as this week. "Private funds," is an umbrella term used to describe a variety of inve |