What was intended when President Barack Obama signed the Jumpstart Our Business Startups (JOBS) Act on April 5, 2012, is here. It has taken three years to start thanks to the SEC taking its time to put out its regulations, but for the first time in 82 years, anyone with capital can invest in any private business in the country. Nonaccredited investors and anyone who is not a millionaire, which is to say 98 percent of the population, can put hard-earned money to work helping entrepreneurs build this country back to where it was years ago when that privilege was taken from them by the 1933 Securities Act.
