JOBS Act 2.0 –Provisions of the FAST Act Facilitate Initial Public Offerings by Emerging Growth Companies
Division of Corporation Finance of SEC Issues Interpretive Guidance
On December 4, 2015, President Obama signed into law the Fixing America’s Surface Transportation Act (the “FAST Act”). While unrelated to transportation, certain provisions of the FAST Act build on the Jumpstart Our Businesses Startups Act (the “JOBS Act”) enacted in 2012 to further enhance access to the IPO market by emerging growth companies (“EGCs”).