Which of the following is true about the implementation of the JOBS Act?

The statement that the JOBS Act was passed with bipartisan support in Congress is accurate and highlights a significant aspect of its enactment. The Jumpstart Our Business Startups (JOBS) Act, enacted in 2012, aimed to facilitate capital formation for small businesses and startups, primarily by easing securities regulations. Lawmakers from both parties recognized the need to stimulate economic growth by supporting entrepreneurs and increasing access to funding.

Bipartisan support is essential for legislation to pass in Congress, especially one as impactful as the JOBS Act, which involved reforms intended to encourage investment in small businesses. This collaborative effort reflected a shared understanding of the importance of fostering job creation and economic development, making the passing of the Act a notable political achievement.

In contrast, the other options present misconceptions about the Act. It was not introduced solely for large corporations; instead, it was particularly focused on small businesses and startups. The Act is also not limited to technology startups, as it applies broadly to various sectors. Additionally, the JOBS Act facilitates the ability to advertise investment opportunities, particularly through measures designed to allow crowdfunding, which indicates a shift toward a more open investment landscape.