SEC Issues FAQs on JOBS Act

SEC Issues FAQs on JOBS Act

Blog The Road to IPO: Legal and Regulatory Insights into Going Public

The SEC staff has indicated it plans to strive to implement Congress's intent in adopting the JOBS Act in a pragmatic manner to make the act a success. The staff has already issued Frequently Asked Questions (FAQs) on several aspects of the JOBS Act. Today, the staff issued FAQs on Title I of the JOBS Act, addressing questions relating to, among other topics:

  • the determination and loss of emerging growth company (EGC) status;
  • disclosure of EGC status in registration statements;
  • transition issues relating to EGC status;
  • the treatment of foreign private issuers; and
  • the financial and accounting relief available to EGCs.

Read the SEC's FAQs.

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