April 05, 2012
On Thursday, April 5, 2012, the President signed into law:
H.R. 3606, the "Jumpstart Our Business Startups Act," which provides for Federal securities law exemptions intended to ease access to capital and investments for emerging growth companies and through crowdfunding.
Barack Obama, Statement by the Press Secretary on H.R. 3606 Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/309891