News & Analysis as of

Broker-Dealer Independent Contractors

McDermott Will & Emery

Weekly IRS Roundup January 9 – January 13, 2023

McDermott Will & Emery on

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 9, 2023 – January 13, 2023...more

Eversheds Sutherland (US) LLP

Issues for broker-dealers, investment advisers and their independent contractors under the Paycheck Protection Program and...

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act). The CARES Act provides emergency financial relief to individuals, businesses and specific industries...more

Allen Matkins

California Bill Would Codify ABC Test For Employee Status

Allen Matkins on

Much to the consternation of employers, the California Supreme Court last year adopted a three-factor test, known as the "ABC" test, for determining when a worker is an employee. Dynamex Operations West, Inc. v. Superior...more

Bass, Berry & Sims PLC

Chris Lazarini Examines Employee v. Independent Contractor Issue

Bass, Berry & Sims PLC on

Bass, Berry & Sims attorney Chris Lazarini examined a case in which the plaintiff claimed to be an employee of Northwestern Mutual and therefore protected under New York's minimum wage and overtime laws; Northwestern argued...more

Baker Donelson

Increased SEC and FINRA Scrutiny on Confidentiality Provisions

Baker Donelson on

Over the past several months, confidentiality provisions included in settlement agreements, employment or independent contractor contracts, or in other documents, have come under increased scrutiny in the financial industry....more

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