On December 22, 2020, the US Securities and Exchange Commission (SEC) adapted the rules that govern investment advisor advertisements and payments to solicitors. The amendments consolidated the previous advertising and cash solicitation rules into one rule, called the Marketing Rule.
On October 26, 2022, the US Securities and Exchange Commission (SEC) proposed a new rule and rule amendments under the Investment Advisors Act that, if passed, would prohibit registered investment advisors from outsourcing certain services without conducting their own due diligence.
On October 25, 2022, the US Copyright Office proposed a new rule that would end and reverse actions of the Mechanical Licensing Collective (MLC) that have deprived songwriters and their heirs of US copyright royalties after they have recaptured ownership of their musical works.
ArentFox Schiff is pleased to announce that Christopher K.S. Wong has been recognized as an American Bankruptcy Institute’s (ABI) 40 Under 40 Emerging Leaders in Insolvency Practice winner for 2022, which identifies and honors 40 young professionals.
ArentFox Schiff represented a subsidiary of an investor-owned public utility in its $400 million underwritten public offering of 30-year General and Refunding Mortgage Notes.
Partner Emily Leongini and Associate Shoshana Golden were quoted on US Food and Drug Administration’s (FDA) request for additional information from HRA Pharma’s NDA sponsor of a proposal for the country’s first over-the-counter (OTC) daily oral contraceptive.
Health Care Partner Stephanie Trunk will present in two sessions of the American Conference Institute’s (ACI) Passport to Proficiency on Rx Drug Pricing & Rebate Fundamentals course in early November.
ArentFox Schiff Firmwide Co-Managing Partner Joseph Krasovec was quoted on the official opening of the firm’s office in the Metaverse, making it the first major US law office in the digital world.
A new federal proposal may reduce the burden and costs for wind energy projects and power lines to ensure compliance with federal wildlife protections.
Many states are now enacting laws to further promote pay transparency, and if you have employees in those jurisdictions, you need to take note. Not surprisingly, California’s Pay Transparency Act is a leading example of this and has a number of important and new requirements.
On October 28, 2022, the US Department of Commerce, Bureau of Industry (BIS) issued FAQs on the new semiconductor regulations. The FAQs are short and relatively clear (thank you!) even if they were released on a Friday afternoon.
ArentFox Schiff is pleased to announce that its office in the Metaverse is now open for business, becoming the first major US law firm to build and launch an office in this new virtual world.
The IBA Annual Conference is attended by both members and non-members of the IBA, with lawyers from over 130 jurisdictions and all parts of the legal profession present.
The Metaverse presents a variety of possibilities: from technology that enables digital content to be laid over the real world to application of real-world characteristics to a purely online environment.
The Internal Revenue Service recently issued Notice 2022-53, which provides much needed transition relief in the form of an IRS waiver of the 50% excise tax that could otherwise be imposed upon certain beneficiaries of qualified retirement plans or individual retirement accounts.