U.S. - House Passes Jobs Act 3.0

On 18 July 2018, the US House of Representatives overwhelmingly passed (406-4) a set of bills packaged together as the JOBS and Investor Confidence Act of 2018 ("Jobs Act 3.0"). If passed, the legislation would make some modest changes to the securities laws, including: Expanding the "testing the waters" exemption to all issuers, not just emerging growth companies; Expanding confidential submission of registration statements to all issuers, not just emerging growth compani