The Jumpstart Our Business Startups Act or JOBS Act, intended to encourage funding of United States small businesses by easing various securities regulations, was signed into law by President Obama on April 5, 2012. By Louis A. Zambrio On April 5, 2012, the Jumpstart Our Business Startups Act (“JOBS Act”) was signed into law. The…
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New Federal Law Prohibits “Data Passes” and “Negative Option” Marketing
New Laws Place Restrictions and Limits on After Sale Data Passes and Negative Option Marketing On December 29, 2010, President Obama signed the “Restore Online Shoppers’ Confidence Act” into law. This new law places restrictions and limits on after sale “data passes” and “negative option” marketing through Internet sales. Senator John D. (Jay) Rockfeller, IV…
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