Small Business

News & Analysis as of

CFPB Fall 2016 rulemaking agenda published

The CFPB’s Fall 2016 rulemaking agenda has been published as part of the Fall 2016 Unified Agenda of Federal Regulatory and Deregulatory Actions. The preamble indicates that the information in the agenda is current as of...more

There’s No Flying Under the Radar: Why Small Businesses Should Get Smart About Information Security

The latest publication by the National Institute of Standards and Technology (NIST), entitled “Small Business Information Security: The Fundamentals,” aims to promote and assist small businesses in their efforts to manage...more

The HUBZone Price Preference Provides a Benefit to Contractors-- but at a Price

The Historically Underutilized Business Zone (“HUBZone”) Act, 15 U.S.C. § 675a, sets forth three ways in which contracting agencies may provide contracting assistance to HUBZone contractors. The contracting agency may award...more

In Case You Missed It: Launch Links - November, 2016 #3

Some interesting links we found across the web this week: Founders Have to Choose Between Growth—and Keeping Control - We get it—the company’s your baby and it’s tough to let go—but new research from the...more

Considerations When Choosing a Mentor or Protege Under the SBAs Programs - Set-Aside Alert

When the U.S. Small Business Administration amends its regulations in August 2016 to establish a mentor-protégé program for all small businesses, it included provisions that limit the number of mentors a small business can...more

How to Succeed Under SBA’s New Mentor-Protege Program

As of November 1st, SBA’s certify.sba.gov portal is operational and accepting applications for the new Small Business Mentor-Protégé program. By now, you’ve heard of the program and are considering its potential value for...more

Weekly Update Newsletter - November 2016 #3

DEPARTMENT OF DEFENSE, GENERAL SERVICES ADMINISTRATION, AND NATIONAL AERONAUTICS AND SPACE ADMINISTRATION - Clarification of Requirement for Justifications for 8(a) Sole Source Contracts - The Department of Defense...more

Stiff Penalties Imposed for Abuse of SBA Set Aside Contracts

This past Tuesday, Margaret Cho, an Officer of Far East Construction Company, pleaded guilty to conspiring to commit wire fraud. Ms. Cho also agreed to pay a forfeiture in the amount of $169,166 and a criminal fine in the...more

NIST Releases Cybersecurity Guide for Small Businesses

We often hear from small businesses that they do not believe they can be a “target” of hackers, or that they are at risk of a cyber intrusion. This thought is naïve as small businesses are at risk of cyber intrusions, and due...more

Australian competition and consumer law update for food and beverage sector

The ACCC has released an Issues Paper in its Inquiry into the Australian dairy industry seeking feedback on issues including: The Inquiry follows a number of other developments this year that have put the spotlight on...more

ISO 37001: Answers to the 5 Questions We’ve Heard Most About the Standard

It’s been a month since ISO 37001 was published and there are some questions we have heard percolating in the compliance world about what this means. These are the questions we’ve been hearing the most...more

A Window into Trump’s SEC?

Insights into an SEC composed of Trump appointees can be gleaned from Financial Services Committee Chairman Jeb Hensarling’s (R-TX) opening statements at a committee hearing on SEC oversight, with testimony by outgoing SEC...more

New capital raising initiatives for start-up businesses in Alberta

The Alberta Securities Commission (the ASC) has recently announced two initiatives intended to make it easier for Alberta businesses to access small levels of investment....more

The Financial Report, Volume 5, Number 21 - November 10, 2016

Many people reading this issue of The Financial Report will be very surprised by the results of the Presidential election and, as always, many will also be disappointed. But, as typically happens every four years, the...more

Office of Management and Budget ( OMB ) Circular A-xxx

Re: Proposed New OMB Circular A-xxx - Dear Ms. Dillon: We are writing to submit comments on the above-referenced proposed Office of Management and Budget (“OMB”) Circular, issued on October 7, 2016, 81 Fed. Reg....more

Election 2016: Where the Candidates Stand on Issues Affecting the Construction Industry

Here we are. The rollercoaster 2016 election is ending. Millions of Americans have voted already. Polls show a close race heading into Election Day. As the last Americans go to the voting booth, we take a look back at what...more

PilieroMazza Submits Comments on the OMB Circular A-xxx

Yesterday, PilieroMazza filed comments with the Office of Federal Procurement Policy on the proposed new Office of Management and Budget Circular issued on October 7, 2016, 81 Fed. Reg. Included in our comments are:...more

SBA Adds Training Module to Mentor-Protégé Applications

Small and large businesses seeking to take advantage of the Small Business Administration’s (SBA) new All Small Mentor-Protégé Program will now have to jump through an extra hurdle as part of the application process. The...more

Telecom Activity May Heat Up In the Lame-Duck

Telecom bills have been stalled in the Senate the last few months due to an impasse over Democratic Commissioner Jessica Rosenworcel’s re-nomination to the Federal Communications Commission (FCC). The conventional wisdom a...more

ASC Adopts Crowdfunding Prospectus Exemption for Small or Start-up Alberta Businesses

Effective October 31, 2016, the Alberta Securities Commission (ASC) adopted Multilateral Instrument 45-108 Crowdfunding (MI 45-108) which provides Alberta-based issuers with a crowdfunding prospectus exemption. MI 45-108 is...more

Weekly Update Newsletter - October 2016 #4

OTHER GOVERNMENT CONTRACTING NEWS - “Texas court places temporary halt on Fair Pay rule.” Federal News Radio. October 26, 2016. The Eastern District Court of Texas placed a preliminary injunction on Fair Pay and...more

PilieroMazza Legal Advisor - Fourth Quarter

On October 24, on the eve of its implementation, the U.S. District Court for the Eastern District of Texas issued a nationwide order halting the implementation of the bulk of Executive Order 13673, Fair Pay Safe Workplaces,...more

What happens to federal set-aside contracts when the owner of the government contractor passes away?

The Small Business Administration (SBA) and Department of Veteran’s Affairs (VA) have multiple programs where federal contracts can be “set-aside” for companies owned by certain classifications of persons. But what happens to...more

CFPB and banking agencies begin review of bank sales practices

According to Politico, the CFPB, OCC, Fed and FDIC have launched a review of bank sales practices, with the reviews to be conducted as special reviews rather than as part of the regular examination process....more

Weekly Update Newsletter - October 2016 #3

SMALL BUSINESS ADMINISTRATION - Small Business Mentor-Protégé Programs - Corrections - The SBA has issued technical corrections to its final rule published in the Federal Register on July 25, 2016 (81 FR 48557),...more

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