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Morrison & Foerster LLP | USA | 26 Jun 2019

New York State Governor Signs Legislation Exempting 95 of GILTI

The New York State Legislature has passed, and New York Governor Cuomo has now signed, legislation which provides for the exclusion of 95 of a

Article

Morrison & Foerster LLP | USA | 26 Jun 2019

SEC requests comments as to securities offering exemptions

In June 2019, the SEC requested public comment on ways to simplify, harmonize and improve the exemptions from registration under the Securities Act

Article

Morrison & Foerster LLP | USA | 26 Jun 2019

Regulation best interest and structured products

In June 2019, after considerable debate and discussion over the course of several years, the SEC adopted its new Regulation Best Interest ("BI")

Article

Morrison & Foerster LLP | European Union | 26 Jun 2019

PRIIPs - no scope for clarity

In May 2019, the EU Commission responded to a letter from the Joint Committee of the European Supervisory Authorities (the "ESAs") dated July 19

Article

Morrison & Foerster LLP | USA | 25 Jun 2019

Legislators Propose Narrowing 230’s Protections

As we have frequently noted on Socially Aware, Section 230 of the Communications Decency Act protects social media sites and other online platforms

Article

Morrison & Foerster LLP | USA | 25 Jun 2019

SEC Clarifies Investment Adviser Standard of Conduct

On June 5, 2019, the SEC issued an Interpretive Release designed to “reaffirm, and in some cases clarify, the standard of conduct that investment

Article

Morrison & Foerster LLP | USA | 25 Jun 2019

SBA Proposed Rule Revised Timeframe for Receipt Calculation in Size Determinations

Responding to statutory requirements in the 2018 Small Business Runway Extension Act, the Small Business Administration (SBA) issued a proposed rule

Article

Morrison & Foerster LLP | USA | 20 Jun 2019

Introducing the Public Benefit LLC

Four years after Delaware first enacted its Public Benefit Corporation (PBC) statute, the state has taken another step forward in advancing legal

Article

Morrison & Foerster LLP | USA | 20 Jun 2019

Change Is in the Air: Buerkle Withdraws Her Nomination to Chair the CPSC

This week, Acting Chairman Ann Marie Buerkle withdrew her nomination to serve as Chairman of the U.S. Consumer Product Safety Commission (CPSC). She

Article

Morrison & Foerster LLP | USA | 18 Jun 2019

New York Passes Landmark Rent Reform Bill

On Friday afternoon, June 14, 2019, New York Gov. Andrew Cuomo signed into law Senate Bill S6458, also known as the “Housing Stability and Tenant