The Jumpstart Our Business Startups (JOBS) Act was signed into legislation in 2012 by President Barack Obama. It provides companies with less than $1 billion in revenue more access to capital markets. The JOBS Act does this by requiring less regulation or registration with the SEC. The JOBS Act is known for opening up crowd-funding, which has become popular with real estate syndication platforms. The Act allows non-accredited investors to invest in companies that would have previously been restricted to accredited investors. Through the JOBS Act, smaller companies can raise funds from a wider pool of investors (i.e., crowd-funding).