Congress has passed a law to help securities offerings on the Internet not get caught up in state securities regulations.

Question

Quizplus · Accepted Answer

Congress did indeed pass a law called the JOBS Act in 2012 which included provisions to create exemptions for certain types of securities offerings made over the Internet from state securities regulations. This was meant to make it easier for startups and small businesses to raise capital online without having to navigate through individual state regulations.

Congress Has Passed a Law to Help Securities Offerings on the Internet