Chris Viehbacher, CEO of Boston biotech giant Biogen, believes that greater Boston has the premier gathering of scientists in medicine in the world. Addressing today’s gathering of the Boston Chamber of Commerce, he claimed that nations contend commercially based on … Continue reading
Stephen Honig
Barely a week ago, in my most recent post, I flagged impending SEC proposals to expand the people eligible to purchase private placement equities (not registered with the SEC). To protect inexperienced or less solvent investors from the risks inherent … Continue reading
The SEC statutory scheme includes the concept of an “accredited investor.” This category of investor is allowed to invest in speculative private stock offerings. You are accredited if you are a certain kind of financial professional or, more typically, if … Continue reading
Today’s program for corporate directors (presented by the New England Chapter of National Association of Corporate Directors at the Mandarin Oriental Hotel) launched with a discussion by CEOs of a large bank, a private company, a public company and BCBS … Continue reading
Last week the New England Chapter of National Association of Corporate Directors zoomed a lengthy panel program discussing the likely future impact on the US job markets of the emergence of pervasive AI at all levels of business operations. (Note: … Continue reading
Today the SEC has formally proposed two significant changes to the rights afforded by Federal law to stockholders in publicly traded companies. The SEC seeks to rescind Rule 14a-8 under the Securities Exchange Act of 1934, which permits shareholders to … Continue reading
Betting on an athletic event against a sports book is gambling and, absent general Federal regulation, can be regulated (or banned) on a State-by-State basis. Today, States have the direct regulatory role for gambling. Prediction markets operate differently. Here, your … Continue reading
My immediately prior post today related to whether AI has consciousness. I finished that post and logged off for lunch; I opened my cell phone to the NYTimes site for updated news, and I found a post that is directly … Continue reading
Needless to say, the number of articles in all branches of print that relate to AI is mind-boggling. Recent coverage in the NYTimes and New Yorker has been fascinating; I recommend you do a search if you have missed it. … Continue reading
CONTEXT: When Crypto first emerged it was unclear how, if at all, it was regulated. The SEC took the position that many token offerings were securities and that the issuances needed to be registered with the SEC; since they were … Continue reading