Fund Managers

Obama signs JOBS Act(6)

President Barack Obama signed the Jumpstart Our Business Startups Act into law Thursday, signifying huge changes to the way private equity and real estate fundraising is regulated.

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The Jumpstart Our Business Startups (JOBS) Act cleared the final hurdle to becoming law, having been approved by President Barack Obama at a White House signing ceremony Thursday. 

The JOBS Act will institute a number of broad reforms that affect how private equity and private equity real estate is regulated by the federal government.

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