Changes

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**More small businesses became eligible for SBA loans
*Increased alternate size standard to those with less than 15 million in net worth and 5 million in average net income
 
===Jumpstart Our Business Startups “JOBS” Act===
Amendments made regarding crowdfunding in October 2015
*“New rules and proposed amendments are designed to assist smaller companies with capital formation and provide investors with additional protections” [https://www.sec.gov/news/pressrelease/2015-249.html (SEC)]
*Raised the threshold for exemption for registration
**Went from 500 holders of record and total assets exceeding $1 million to either 2000 holders or 500 holders who are not accredited investors and total assets exceeding 10 million [http://www.natlawreview.com/article/sec-proposes-rule-amendments-to-implement-jobs-act-registration-thresholds (NLR)]
**More companies are now exempt from registration requirements of the federal securities laws
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