On July 28, 2010, the Securities and Exchange Commission
("SEC") amended Part 2 of Form ADV and certain rules under the Investment
Advisers Act of 1940 to require registered investment advisers ("RIAs") to
provide clients with a...
On January 25, 2011, the Securities and Exchange
Commission adopted new rules that apply to public companies, as mandated by
Dodd-Frank Act. These rules require that at least once every three years
(starting with this year's annual meetings) shareholders...
Currently in the United States, about 380 B Corporations
are solving social and environmental problems across 52 industries. A Certified
B Corporation is a new form of business that adds social and environmental
criteria to the financial criteria in...
On December 21, 2011, the Securities and Exchange
Commission adopted final rules for calculating net worth under the new
definition of Accredited Investor . As adopted in July 2010, Section 413(a) of the Dodd-Frank Act requires the
definition of "accredited...
On August 29, 2012, the Securities and Exchange Commission (the SEC) issued proposed amendments to Rule 506 of Regulation D and Rule 144A to implement Section 201(a) of the JOBS Act. The SEC is soliciting comments on the proposed rules. The comment period...
The legal world is patiently waiting for the
Securities and Exchange Commission (the "SEC") to enact rules implementing
Title II of the JOBS Act. One of the recent developments in this field is
the issuance by the SEC Staff of frequently...
Regulation Fair Disclosure (known as "Regulation FD") was
enacted in 2000 by the Securities and Exchange Commission (the "SEC") to
prohibit selective disclosure of material non-public information by the public
companies or persons...