An emerging growth company (EGC)is a class of public company created by the ________ that may issue securities pursuant to specific rules under federal securities laws.

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The JOBS Act (Jumpstart Our Business Startups) created the category of emerging growth company (EGC) in April 2012. EGCs are allowed to issue securities pursuant to specific rules under federal securities laws. The Securities Act of 1933 and the Securities Exchange Act of 1934 govern the regulation of securities in the United States, but the creation of EGCs was specifically outlined in the JOBS Act. The STOCKS Act does not create or govern EGCs.

An Emerging Growth Company (EGC)is a Class of Public Company