When Asking For Spousal Consent Is Unlawful by Allen Matkins Leck Gamble Mallory & Natsis... on 5/3/2012 From time to time, a question will arise about the necessity of obtaining spousal consent in connection with the purchase or sale of a security. Interestingly, California declares it unlawful for any agent or broker-dealer...more
Handler Thayer Commercial Alert - The JOBS Act: A Revolutionary Opportunity On Hold by Christine McKillip on 4/5/2012 On April 5, 2012, President Obama signed the Jumpstart Our Business Startups Act (the “JOBS Act”) into law. The JOBS Act encompasses several significant changes to the federal securities laws, providing a proverbial facelift...more
Corporate Law and Family Law at the Crossroads: Spouses as Shareholders in Canada 2012 by Ellyn Law LLP on 3/27/2012 Small and medium sized businesses are the engines which drive the North American economy. Increasingly, people go in to their own business. Often spouses and other family members are in business together. Because of...more
SEC Revises "Qualified Client" Definition by Christine McKillip on 2/17/2012 On February 15, 2012, the Securities and Exchange Commission (the “SEC”) released its final rule regarding Investment Adviser Performance Compensation (the “Rule”) pursuant to Section 418 of the Dodd-Frank Wall Street Reform...more
Regression Models and Discount for lack of Marketability by Ashok Abbott on 2/15/2012 Recent publication of the Discount for Lack of Marketability(DLOM) Job aid for IRS Valuation Professionals has brought fresh scrutiny to the various methods used by valuation practitioners for determining discount for lack of...more
Legislative Proposals to Facilitate Small Business Capital Formation by Morrison & Foerster LLP on 10/17/2011 In our June 2011 client memorandum, we discussed H.R. 2167, the proposed bill introduced by Representative David Schweikert (R-AZ) to increase the threshold for mandatory registration for all companies under the Securities...more
Family Office Exemption Narrowly Defined by S.E.C. by Thomas J. Handler, J.D., P.C. on 7/15/2011 Following the stock market crash of 1929 and the Great Depression which followed, Franklin D. Roosevelt’s 1932 democratic campaign platform called for regulation of the securities exchanges “to the full extent of federal...more
SEC Proposes Rule to Exclude Family Offices from Regulation as Investment Advisers by Katten Muchin Rosenman LLP on 10/28/2010 The Securities and Exchange Commission has proposed Rule 202(a)(11)(G)-1 under the Investment Advisers Act of 1940, as amended (Advisers Act), to define “family offices” that would be excluded from the definition of...more
How to Protect Your Family Business From a Divorce by Fox Rothschild on 10/19/2010 Family-owned businesses make up an extremely large percentage of the going concerns in this country. Indeed, some studies suggest that almost 90 percent of the businesses in the United States are family owned, and make up...more
SEC's Proposed "Family Office" Rule and Rule 260.204.9 by Allen Matkins Leck Gamble Mallory & Natsis... on 10/14/2010 In The Snows of Kilimanjaro, Ernest Hemingway wrote: “„The very rich are different from you and me.? And how someone had said to Julian, „Yes, they have more money.?” That is certainly true in the case of the families...more
Lawyer's Weekly: Effectively manage your practice online by leveraging technology by Clio on 8/31/2009 A case study of how the Law Offices of Place & Hanley, LLC, leverages technology to effectively manage their cases in securities and commodities litigation, family law, wills and trusts....more