Report says JOBS Act doing what it was designed to do
A new study from the University of Buffalo shows that the “Jumping Our Business Start-ups Act,” more commonly referred to as the JOBS Act, increased initial public offerings by 21 per year since it was passed in April 2012. The report says this is a 25 percent increase compared to the previous 10 years. Further, 75 percent of the new offerings came from the biotechnology/pharmaceutical industry.
