Access to Capital for Job Creators Act

Summary

Access to Capital for Job Creators Act -Amends the Securities Act of 1933 to exempt from proscriptions governing interstate commerce and the mails those transactions by an issuer that do not involve a public offering, whether or not such transactions involve general solicitation or general advertising. Directs the Securities and Exchange Commission (SEC) to revise rules governing an exemption from public offering requirements for limited offers and sales without regard to the dollar amount of the offering (Regulation D), so as to provide that a specified prohibition against general solicitation or general advertising does not apply to offers and sales of securities made pursuant to Regulation D if all purchasers of the securities are accredited investors. Amends such revised rules to require that the issuer take reasonable steps to verify that purchasers of the securities are accredited investors, using such methods as are determined by the SEC.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 9 November 2011

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 9 November 2011

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• Introduced in Senate

  summary · EN · 9 November 2011

  Open at official source

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