In a stunning reversal from over a decade of ruling differently, last Friday the SEC released a "no-action" letter saying it will not go after intermediaries in merger & acquisition transactions for failure to register as a broker-dealer even if they receive a commission equal...
As we get ready to enjoy football's Super Bowl here in the US today, we also think about the mega millions made by the league, teams, sponsors and merchants in promoting the big game. The National Football League strongly protects its Super Bowl trademark and...
In what appears to be the first case of someone suing for defamation of character based on a Twitter post, singer Courtney Love Cobain successfully fought off a claim by an attorney that she intentionally spread falsehoods over the social media site. According to the ABA...
The North American Securities Administrators Association (NASAA, not to be confused with the space agency) is pushing to allow states to have a chance to complete a merit-based review of offering documents under the newly proposed Regulation A+ (see prior posts). Recall that this has...
The New York Times today, reporting from the Consumer Electronics Show, talks about the newest exciting addition to technology: "smart" televisions. Having just shopped for a few new TVs, this is clearly all the rage. Connecting your TV to your computer or to the Internet...
Happy almost New Year everyone (except if you are in Sydney where it is already 2014)! I spent part of my holiday reading the 300+ page SEC proposal to overhaul Regulation A. My grade: Regulation A+ gets very close to an A+ on substance. If...
The old joke goes: A 50-year old lawyer dies and at the gates of Heaven he asks why he was taken so young. God says, "What are you talking about? Based on your billable hours you're 92 years old!" So sure enough, as reported by...
I am just starting to get through the recently released 300+ page rule proposal from the SEC on so-called "Regulation A+." The Jumpstart our Business Startups (JOBS) Act required the SEC to change rules to allow simplified IPOs under old Regulation A to be more...
In the early to mid-1900s, the ideal job situation led you to stay with one employer pretty much for your whole career. This was true whether you were a union worker, attorney, or even company executive. The (sexist labeled) "IBM Men" of the 1940s-1960s were...
Many people like the comfort of their routine. You pretty much know what the next day and the next day are going to bring. Same bed, same pillows, predictable work, same people around you. But some find dissatisfaction in the routine, so they embrace change....