Corporate E-Note - October 2021

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October Is Cybersecurity Awareness Month

Below is a sampling of our cybersecurity articles:

Resources

What We Do And Don’t Know About The New COVID-19 Vaccination Mandates

Since President Biden’s announcement on September 9, 2021 of plans for COVID-19 vaccination and/or weekly testing mandates, we have received numerous questions about how this plan will affect employers and employees. In this article, we cover the most common questions we have received regarding the proposed COVID-19 vaccination and testing mandates. This article was written by Amy Jordan Wilkes and Nafela Hojeij Helou.

Check out our Coronavirus Resource Center for the latest COVID-19 updates.

They’re Baaaack! Admissions In SEC Settled Actions

In remarks at the SEC Speaks conference, new SEC Enforcement Director Gurbir Grewal said he’s bringing back admissions in SEC settled actions to help spur accountability. Read the article, written by Thomas (“Tom”) K. Potter, III.

FAR Council Issues Ensuring Adequate COVID-19 Safety Protocols For Federal Contractors Clause

The Federal Acquisition Regulatory (“FAR”) Council has published a new clause (“COVID Clause”), and has asked contracting agencies to develop deviations allowing use of the new COVID Clause. Read the article, written by Michael (“Mike”) W. Rich, Amy Jordan Wilkes, and Nafela Hojeij Helou.

Gamification Of Securities Trading: Big Risk Or Just Evolution?

In remarks at the SEC Speaks conference, SEC Investor Advocate Rick Fleming mused that the “gamification” of securities trading might pose an undue risk that exploits a potential loophole in Regulation Best Interest (“Reg. BI”).
Read the article written by Thomas (“Tom”) K. Potter, III.

Town Of Hilton Head Business License Requirements – Changes Effective January 1, 2022

The South Carolina legislature enacted the SC License Tax Standardization Act in September 2020 to standardize business license requirements throughout South Carolina. Information about changes to Town of Hilton Head business license requirements are outlined in this article written by Lindsay Hartman.

Headlines

DOL Rule Would Permit Benefit Plans to Consider ESG Factors (Source: Chief Investment Officer, 2021-10-14)

IPOs Have Raised Over $1B So Far in 2021, On Par for Record Year (Source: Yahoo Finance, 2021-10-14)

D&O Insurance Premiums Rise as Risk Litigation Increases (Source: S&P Global Market Intelligence, 2021-10-13)

Threat of New Ransomware Models is Execs’ Top Concern (Source: Help Net Security, 2021-10-26)

Ransom Disclosure Act Would Require Firms to Report Payments (Source: Tech Crunch, 2021-10-06)

Future Smart Factories Enabled by Use of Simulation Software (Source: Automotive World, 2021-10-22)

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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