With great fanfare and ceremony (mostly because it actually made it through Congress), the Jumpstart our Business Startups (JOBS) Act became law on April 5 of this year. After years of the US seeing IPO activity decline and flee to other markets, it seeks to make life easier for certain companies to raise capital in the public equity markets.

Much of the detail of the new law pertains to companies, their venture capital or private equity investors, and their investment bankers. A couple of key elements, though, matter to investors, and activist investors, related mostly to IPOs. We explain these elements in our current blog post.