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17 Feb 2022, 2:51 pm by Sarah Aberg and Pouneh Almasi
  The SEC would grant covered exchanges a grace period, during which they can operate provisionally until the earlier of either: (1) the date the entity registers as a broker-dealer and becomes a member of a national securities association, or (2) 210 calendar days after the effective date of any final rule.[23]  The proposed 210 calendar day transition period would provide time for a covered entity to submit its broker-dealer registration application, for FINRA… [read post]
15 Feb 2022, 2:05 pm by Kevin LaCroix
Meanwhile, the SPAC sponsor generally receives a 20 percent ownership stake in the go-forward entity if they succeed in accomplishing a deal. [read post]
15 Feb 2022, 1:55 am by Kevin Kaufman
For example, the top rate kicks in at $1 million or more in California (when the “millionaire’s tax” surcharge is included), as well as in New Jersey, New York, and the District of Columbia. [read post]
13 Feb 2022, 8:03 am
  Pix Credit HEREA society reveals itself most clearly when it consciously confronts something threatening. [read post]
There was a change in administration and DOJ’s Civil Division, whose Civil Fraud Section prosecutes FCA cases, still does not have a nominated head, let alone a confirmed one. [read post]
9 Feb 2022, 10:36 am by Hayley Evans
  On June 18, 2021, the Swiss Federal Criminal Court found Liberian Alieu Kosiah guilty of war crimes and sentenced him to 20 years in prison. [read post]
8 Feb 2022, 8:46 am by Yan Luo, Vicky Liu and Irina Danescu
[i] A prior version of the Algorithm Provisions was issued for public comments on August 27, 2021, and the Algorithm Provisions will take effect on March 1, 2022. [read post]
7 Feb 2022, 3:58 am by Dan Harris
This is Part 1 of a two part series of posts by Shannon Brandao*, an international attorney and China expert and the editor of China Boss. [read post]
3 Feb 2022, 6:49 pm by Seyfarth Shaw LLP
White Castle Systems, 20 F.4th 1156 (7th Cir. 2021), certifying to the Illinois Supreme Court the question whether claims asserted under Sections 15(b) and 15(d) of the BIPA accrue only once upon the initial collection or disclosure of biometric information, or each time a private entity collects or discloses biometric information. [read post]
31 Jan 2022, 12:46 pm by Shannon O'Hare
Subsequently, on 20 January 2022 the PBOC cut the one-year prime rate by 0.01 per cent and the five-year rate was lowered by 0.005 per cent to 4.6 per cent which was a smaller cut than predicted. [read post]
 The CPRA’s operative date is January 1, 2023 and draft implementation regulations are expected by July 1, 2022. [read post]
27 Jan 2022, 10:33 am by John Jascob
She observed that the rule is 15 or 20 years old at this point, and previous Chair Jay Clayton discussed it during his tenure, in addition to Gensler talking about it currently.One important aspect is that the protection in Rule 10b5-1 is an affirmative defense, not a silver bullet, said Avakian. [read post]
25 Jan 2022, 10:50 am by Eugene Volokh
It does not constitute a "fundamental alteration" of the nature of schools' educational programs. [read post]
The strategy is built on what the administration calls five mutually reinforcing pillars: Pillar 1: Modernizing, Coordinating and Resourcing U.S. [read post]
On 21st December 2021, the General Court (GC), in case T-369/20, dealt with “likelihood of association” setting out a double test which seems to be at odds with the previous case law, notably the landmark Sabel case (C-251/95). [read post]