Since the general solicitation ban had been lifted and additional requirements had been added in The Jumpstart Our Business Startups Act or JOBS Act, The Wall Street Journal revealed that over 320 small businesses had informed the US Securities and Exchange Commission that they would seize the opportunities of the new marketing freedoms provided in the statute. The projection by The Journal was deduced via an analysis of securities filings conducted by the news agency. Of the lot, a handful of them were able to raise capital via the new marketing freedoms, said The Journal.
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