Emerging Markets Law

Showing 3 posts from May 2015.

Upcoming FCC Ruling on TCPA

Posted In Government

My colleague, Matthew Rosenkoff, has penned a new piece entitled, Upcoming FCC Ruling – A Case of Clarity, Concern, or Both.  He writes:

Over the past few years, there has been an increasing amount of litigation involving the Telephone Consumer Protection Act (TCPA). A lot of those disputes have centered on issues plaguing the industry, such as whether certain software is an automatic telephone dialing system (ATDS), whether calls were made with express consent, and how a consumer can revoke consent. Case law has developed on both sides of these types of issues which has resulted in numerous petitions to the Federal Communications Commission (FCC) for clarification and a revised declaratory ruling. Many of those petitions have been pending for over a year and some even longer. During this time, many companies have been faced with mounting litigation costs in defending (and settling) TCPA cases because of the uncertainty on many of these issues.

You can find the rest here.

Regulation A+ White Paper

The SEC recently finalized its rules to implement changes to Regulation A, now known as Regulation A+, mandated by the 2012 JOBS Act.  Attached is a link to our white paper, summarizing the new Regulation A+ rules.

As summarized below, Regulation A+ creates two new tiers and generally liberalizes what issuers can do under the exemption.   Tier 1 of Regulation A+ is generally similar to “traditional” Regulation A (as it existed before the new rules under the JOBS Act).  Tier 2 of Regulation A+ is an expanded exemption that allows issuers to raise up to $50 million in any 12 month period with minimal ongoing reporting obligations.

Continue reading Regulation A+ White Paper ›

DOJ Issues Guidance on Cybersecurity

Showing an increased level of concern for coordination between industry and the public, the U.S. Department of Justice ("DOJ") has issued guidance on cybersecurity risks and the steps that industry and consumers should take to prepare for cybersecurity threats.

The DOJ guidance on cybersecurity is very basic.  The guidance is roughly 15 pages long and suggests that businesses familiarize themselves with their information networks and develop a plan for how to respond in the event of a breach in security.  (Nothing novel here.)

Continue reading DOJ Issues Guidance on Cybersecurity ›

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