Blog

2 weeks ago

Understanding the SEC’s New Rules on Dealer Definition

On February 6, 2024, the Securities and Exchange Commission (SEC) released a final rule that significantly expands the definitions of “dealer” and “government securities dealer.” This expansion covers additional market…

2 months ago

Implications of the FTC’s Nationwide Ban on Non-Compete Agreements

In a landmark move, the Federal Trade Commission (FTC) has issued a final rule that effectively bans non-compete agreements across the United States. This action represents a significant shift in…

2 months ago

Constitutionality of Corporate Transparency Act

The Corporate Transparency Act (CTA) is a law passed by Congress in 2021 as part of the National Defense Authorization Act. The CTA aims to combat money laundering, tax evasion,…

7 months ago

Understanding the Implications of Affiliation in Securities Regulation

In the intricate landscape of securities laws and regulations, few distinctions hold as much significance as the determination of affiliate status. This seemingly technical aspect plays a pivotal role in…

8 months ago

New Cybersecurity Disclosure Rules

The topic of cybersecurity disclosure has been on the Securities and Exchange Commission (SEC)’s radar since at least 2018, when it released preliminary cybersecurity disclosure guidance. The SEC took another…

10 months ago

SEC Amends Beneficial Ownership Reporting Requirements

On October 10, 2023, the Securities and Exchange Commission (SEC) adopted changes to the rules governing the reporting of beneficial ownership set forth in Sections 13(d) and 13(g) of the…

10 months ago

Important SEC Distinction: Furnished vs. Filed

When companies submit information to the Securities and Exchange Commission (SEC), they must be aware of the critical distinction between “furnished” and “filed” information. This differentiation has significant implications for…

11 months ago

Private Company Beneficial Ownership Reporting Under New FinCEN Rules

The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed beneficial ownership reporting requirements for private companies in December 2021. The final rules were adopted in October 2022 under…

11 months ago

Insider Trading Regulations and Interpretations

A Brief Overview Insider trading is the illegal practice of buying or selling a public company’s securities on the basis of material non-public information. It is prohibited under the anti-fraud…

1 year ago

OTC Markets Receives FINRA Approval for Digital Assets

During its earnings call on May 10, 2023, OTC Markets Group Inc. (OTC Markets) announced that it received approval from FINRA to offer services for digital assets as securities, signifying…