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SEC Shortens Settlement Cycle to T 2
  • Kramer Levin Naftalis & Frankel LLP
  • USA
  • March 23 2017

On March 22, the Securities and Exchange Commission (the "SEC") adopted an amendment to Rule 15c6-1 under the Securities Exchange Act of 1934, as

Hong Kong strides towards a cashless society
  • Herbert Smith Freehills LLP
  • Hong Kong
  • November 10 2016

The Payment Systems and Stored Value Facilities Ordinance (Ordinance) came into effect on 13 November 2015. The Ordinance aims to minimise and manage

Application of the FLSA’s Tip-Credit Requirements Remains Hotly Disputed
  • Epstein Becker Green
  • USA
  • November 2 2016

Over the past year, there has been an increased discussion of Fair Labor Standards Act (“FLSA”) requirements for tipped employees. The courts have

New York: New Regulation Will Impact Employers Who Offer Direct Deposit and Payroll Debit Cards
  • Hunton & Williams LLP
  • USA
  • October 31 2016

It is very common for employers to pay employees by direct deposit, and an increasing number pay employees with payroll debit cards. Beginning March

NY Makes Significant Changes to Employers’ Use of Direct Deposit and Payroll Cards
  • Reed Smith LLP
  • USA
  • September 30 2016

The New York State Department of Labor (NYSDOL) recently finalized a new rule that significantly changes how employers pay their employees through

New York Adopts Final Rule Regulating the Methods for Paying Employee Wages
  • Cole Schotz PC
  • USA
  • September 27 2016

On September 7, 2016, the New York Department of Labor adopted a final regulation which details the four permissible methods for paying employee wages

Restaurant Employers Take Notethe Fifth Circuit Offers Instruction on Proper Deductions from Credit Card Tips
  • Gardere
  • USA
  • September 1 2016

The Fifth Circuit recently decided how much a restaurant employer could deduct from an employee's tips received by credit card to offset the costs

Final Arbitrage Regulations - The Good and the Not-So-Good Changes to the Working Capital Rules
  • Squire Patton Boggs
  • USA
  • August 21 2016

The 2013 proposed arbitrage regulations included significant changes to the working capital financing rules, including the first rules for long-term

FCA publishes final guidance on the Payment Accounts Directive & Regulations
  • Cooley LLP
  • United Kingdom, European Union
  • August 2 2016

The UK’s Financial Conduct Authority has published its Final Guidance on the Definition of a “payment account“ under, and the application of the

Genus, Species, Phylum - What is an ETN?
  • Greenberg Traurig LLP
  • USA
  • July 27 2016

Imagine an investment that gives you exposure to an underlying asset or index with low fees and no tracking risk. The investment allows you to gain