NU Online News Service, May 31, 1:34 p.m. EDT
Adoption of the Jumpstart Our Business Startups Act gives companies easier access to capital from the general investing public, but also presents liability exposures that directors and officers insurers do not yet fully understand, says a report from Marsh.
The New York-based insurance broker and subsidiary of Marsh & McLennan Companies released a report titled "D&O Liability Insurance Implications of the JOBS Act," which notes that the JOBS Act makes three "fundamental changes to existing securities laws and regulations" governing how emerging public and private companies raise cash.
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