Category Archives: Uncategorized

Senator Baucus To Introduce Bill To Repeal New Form 1099 Requirements

Update: When the bill becomes available, you will be able to find it at this web address. **** Senator Baucus, the Chair of the Senate Finance Committee, issued a press release on Friday announcing that he would introduce legislation to … Continue reading

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States Permitted to Impose USF on Nomadic VoIP: More State Regulation Expected

By Danielle Frappier, Paul B. Hudson, Michael C. Sloan, and Adam Shoemaker On Nov. 5, 2010, the Federal Communications Commission (FCC) issued a Declaratory Ruling determining that states may assess state-level universal service fees (USFs) on nomadic interconnected voice over … Continue reading

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Federal Reserve Board Delivers Early Holiday Gift to Gift Card Issuers

By Andrew J. Lorentz and Lisa B. Zycherman On Oct. 19, 2010, the Board of Governors of the Federal Reserve (the “Board”) issued a final rule to delay the effective date of certain gift card disclosure requirements until Jan. 31, … Continue reading

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NASAA’s Letter To The SEC Urging A Higher Accredited Investor Threshold

Last week, the NASAA wrote a letter to the SEC urging the SEC to tighten up the accredited investor standards as part of the Dodd-Frank rule making process. It appears that the SEC is going to act early next year. … Continue reading

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Is The SEC Going To Destroy Angel Investing?

Earlier this year, after the enactment of the Dodd-Frank financial regulatory reform bill, Doug Cornelius, who has a great blog, Compliance Building, speculated darkly about the future of angel investing. He wrote, “I expect the SEC is going to continue … Continue reading

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