SEC Approves New Rules Impacting Investment Advisers and Funds On Wednesday, August 23, 2023, the Securities and Exchange Commission (SEC) voted 3-2 along party lines to approve new rules and rule amendments under the Investment Advisers Act of 1940 (Advisers Act)....
Corporate & Securities
Is Your Business Ready for the Corporate Transparency Act?
[UPDATE: On January 1, 2024, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) began accepting beneficial ownership information reports.] Is Your Business Prepared for the Corporate Transparency Act? As 2024 quickly approaches, it is...
What is the Status of the Corporate Transparency Act’s Rollout of its Online Database?
With half of 2023 behind us, and the Corporate Transparency Act (CTA) set to become effective on Jan. 1, 2024, there remain a number of open issues with respect to the implementation of the CTA. By way of background, and at its core, the CTA requires certain...
Exploring the Build to Scale Program: Funding Opportunities for Entrepreneurs and Tech-Driven Startups
On June 1st, the Economic Development Administration’s Office of Innovation and Entrepreneurship (OIE) within the U.S. Department of Commerce launched the application process for the Build to Scale (B2S) Program. This program provides a funding opportunity aimed at...
Corporate Transparency Act Revisited: Timeframes
We have made it to Part 3 of our three-part series on the Corporate Transparency Act’s final rule. The Financial Crimes Enforcement Network (FinCEN) released the final rule on Sept. 30, 2022. This article covers important timeframes to keep in mind as the rule rolls...
Corporate Transparency Act Revisited: Reporting Requirements and Exemptions
On Sept. 30, 2022, the Financial Crimes Enforcement Network (FinCEN) released a final rule related to the Corporate Transparency Act (CTA). In Part 1 of our refreshed, three-part series of articles on the CTA, we covered FinCEN’s new guidance on the beneficial...
Is ESG Good for Your Business?
ESG in a Nutshell The goal of Environmental, Social and Governance (ESG) programs is simple: minimize risk, increase shareholder value and contribute to solving societal problems; but do so in a way that is at the same time good for your business, society and the...
Common Mistakes New Business Owners Make & How to Fix Them
Starting a new business? The U.S. Bureau of Labor Statistics indicates that 20% of new businesses fail in the first two years, and that 45% fail in the first five years. As daunting as those figures may seem, there are measures you can take to avoid having your new...
Corporate Transparency Act Revisited: Businesses Need to Prepare as Final Rule Takes Shape
Back in February, we issued a three-part series on the Corporate Transparency Act (CTA). The series of articles outlined the details and implications of the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) Dec. 8, 2021 rule proposal to...
The Importance of How You Announce Your Company’s M&A Deal
The mergers and acquisition process is often heavily burdened with regulations, complications and minute details for both the selling and acquiring companies’ leaders, lawyers and accountants, just to name a few of the involved parties in a deal. Many deals fall apart...