{"abstract":"We are adopting amendments to Regulation A and other rules and forms to implement Section 401 of the Jumpstart Our Business Startups (JOBS) Act. Section 401 of the JOBS Act added Section 3(b)(2) to the Securities Act of 1933, which directs the Commission to adopt rules exempting from the registration requirements of the Securities Act offerings of up to $50 million of securities annually. The final rules include issuer eligibility requirements, content and filing requirements for offering statements, and ongoing reporting requirements for issuers in Regulation A offerings.","action":"Final rules.","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange 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Nos. 33-9741","34-74578","39-2501","File No. S7-11-13"],"dockets":[],"document_number":"2015-07305","effective_on":"2015-06-19","end_page":21925,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2015/04/20/2015-07305.xml","html_url":"https://www.federalregister.gov/documents/2015/04/20/2015-07305/amendments-for-small-and-additional-issues-exemptions-under-the-securities-act-regulation-a","images":{"ER20AP15.000":{"large":"https://img.federalregister.gov/ER20AP15.000/ER20AP15.000_large.png","medium":"https://img.federalregister.gov/ER20AP15.000/ER20AP15.000_medium.png","original_size":"https://img.federalregister.gov/ER20AP15.000/ER20AP15.000_original_size.png"},"ER20AP15.001":{"large":"https://img.federalregister.gov/ER20AP15.001/ER20AP15.001_large.png","medium":"https://img.federalregister.gov/ER20AP15.001/ER20AP15.001_medium.png","original_size":"https://img.federalregister.gov/ER20AP15.001/ER20AP15.001_original_size.png"}},"images_metadata":{"ER20AP15.000":{"large":{"identifier":"ER20AP15.000","content_type":"image/png","size":64531,"width":823,"sha":"8bd3fde74f6b49f45af7d87d9d88f636","url":"https://img.federalregister.gov/ER20AP15.000/ER20AP15.000_large.png","height":401},"medium":{"identifier":"ER20AP15.000","content_type":"image/png","size":20261,"width":468,"sha":"88e7cb9478e54c7c0f59aa5f97f4d549","url":"https://img.federalregister.gov/ER20AP15.000/ER20AP15.000_medium.png","height":228},"original_size":{"identifier":"ER20AP15.000","content_type":"image/png","size":128801,"width":3542,"sha":"ad61aa7d02598107deb5d53d3461dac4","url":"https://img.federalregister.gov/ER20AP15.000/ER20AP15.000_original_size.png","height":1724}},"ER20AP15.001":{"large":{"identifier":"ER20AP15.001","content_type":"image/png","size":43672,"width":823,"sha":"fada844e1d403f325648ca18fa633ba0","url":"https://img.federalregister.gov/ER20AP15.001/ER20AP15.001_large.png","height":1245},"medium":{"identifier":"ER20AP15.001","content_type":"image/png","size":18217,"width":466,"sha":"73a87990b619ad657ef499f86c1c28f4","url":"https://img.federalregister.gov/ER20AP15.001/ER20AP15.001_medium.png","height":705},"original_size":{"identifier":"ER20AP15.001","content_type":"image/png","size":137718,"width":3520,"sha":"39733ddaa1faab1c74e96f46576c18f2","url":"https://img.federalregister.gov/ER20AP15.001/ER20AP15.001_original_size.png","height":5325}}},"json_url":"https://www.federalregister.gov/api/v1/documents/2015-07305?publication_date=2015-04-20","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2015-04-20/2015-07305/mods.xml","not_received_for_publication":null,"page_length":120,"page_views":{"count":7311,"last_updated":"2026-04-04 20:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2015-04-20/pdf/2015-07305.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2015-07305.pdf?1429274718","publication_date":"2015-04-20","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2015/04/20/2015-07305.txt","regulation_id_number_info":{"3235-AL39":{"issue":"201410","html_url":"https://www.federalregister.gov/regulations/3235-AL39/small-and-additional-issues-exemptions-under-section-3-b-of-the-securities-act","title":"Small and Additional Issues Exemptions Under Section 3(b) of the Securities Act","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201410&RIN=3235-AL39&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3235-AL39"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2015-05-10T06:00:12Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":21806,"subtype":null,"title":"Amendments for Small and Additional Issues Exemptions Under the Securities Act (Regulation A)","toc_doc":"Small and Additional Issues Exemptions under the Securities Act","toc_subject":null,"topics":["Administrative practice and procedure","Authority delegations (Government agencies)","Organization and functions (Government agencies)","Reporting and recordkeeping requirements","Securities"],"type":"Rule","volume":80}