The Senate Friday proposed a bill for the comprehensive regulation of crypto currency and for digital assets akin to securities. Regulation of crypto, which is classed as a commodity, will rest with the Commodity Futures Trading Commission, while digital assets … Continue reading
Category Archives: The Law
It is not news that California’s laws reflect personal rights as seen through a liberal political lens. Thus a few years ago when California adopted an atypical law giving consumers the right to learn the nature of personal information collected … Continue reading
Who copped Fred Simian? Is it IP theft, copyright infringement, or plain old-fashioned larceny? Most of America’s lawyers want to know the answers, even though they do not represent any party to the seemingly nefarious affair. Okay– as Sargeant Joe … Continue reading
The big news in the press last week about Microsoft was that it would publish compensation data, but the most important part of the Microsoft announcement was that it would no longer require non-competes nor enforce old ones. The obvious … Continue reading
Seldom has an elephant-in-the-room had so little publicity: The Corporate Transparency Act, a new Federal law with draft regulations expected to become effective during 2022, creates mandatory hoops though which companies, including start-ups, must jump. Here is the briefest of … Continue reading
Violators of various laws enforced by the Securities and Exchange Commission long have been subjected to in effect a trial on the merits of alleged violations conducted by judges working within the SEC itself. And indeed the whole systems always … Continue reading
The State of California garnered great praise a couple of years ago for advancing the cause of diversity on boards of business corporations by requiring public companies with a principal office in California to include specific numbers of minority community … Continue reading
Every employee knows that it owes a duty of loyalty to an employer, must abide by agreements with an employer (in non-com0petition, provided Massachusetts law is observed), and certainly that an employee cannot steal the files, secrets and data of … Continue reading
After months of SEC warnings that SPAC regulation was coming, and after numerous SPAC deals lost investor value post-deal, the SEC has proposed rules (subject to comment and amendment) that are a combination of traditional SEC disclosure requirements and imposition … Continue reading
Massachusetts Secretary of State Galvin, who supervises the State Securities Division that in turn oversees investment markets and professionals, long has been diligent in pushing the limits of his power to protect the retail investor. In March of 2020, his … Continue reading