Resources
California’s New Commercial Financing Disclosure Legislation
Introduction On August 31, 2018, the California State Senate passed novel legislation, Senate Bill 1235, which requires new disclosures for certain commercial financing, such as loans, factoring transactions, and, potentially, merchant cash advances (MCAs). California Governor Jerry Brown has until September 30 to sign this legislation, and it appears likely that he will.
Read MoreUnder new tax law, sales by foreign partners of U.S. partnership interests are once again taxable.
In an August 2017 posting we reported that the U.S. Tax Court had held that, notwithstanding an IRS revenue ruling to the contrary, the sale by a foreign partner of his interest in a U.S. partnership was not a taxable transaction to him (assuming he was not otherwise a U.S. taxpayer), just as the sale…
Read MoreFINRA Rules Address Senior Financial Exploitation
Marc J. Ross, Esq. (Partner) and A.R. John Hitchings, Esq. (Associate)
Read MoreChanges to AML Rules For Investment Advisors
Be Prepared for Changes to the Anti-Money Laundering (AML) Rules for Investment Advisers in 2016
Read MoreThe Defense Trade Secrets Act
What is the Defense Trade Secrets Act (DTSA)? What do employers need to do to take advantage of this new federal statute?
Read MoreRegulation A+ and Blue Sky Laws: Restrictions on Secondary Trading
Jay Kaplowitz, Cass Sanford, Tessa Patti not assigned cass sanford
Read MorePartner Jeff Fessler Joins Client ContraVir Pharmaceuticals, Inc. at NASDAQ Opening Bell Ringing
Press Release – New York, NY – March 22, 2016 – Sichenzia Ross Friedman Ference LLP partner Jeff Fessler joined representatives of client ContraVir Pharmaceuticals, Inc., a biopharmaceutical company focused on the development and commercialization of targeted antiviral therapies, at the NASDAQ MarketSite in Times Square to ring the March 21 closing bell.
Read MoreBlog Post – Founding Partner Marc Ross Shares “Regulation A+: Funding The Start-up”
Overview Start-ups looking to raise no more than $50 million now have the ability to do so by a Regulation A+ offering. The recent amendments to Regulation A, which is Regulation A+, under the Securities Act of 1933, as amended (the “Securities Act”), allow companies to increase the amount of capital that they can raise…
Read MoreSEC Adopts Interim Final Rules to Implement FAST Act
By Avital Perlman On January 13, 2016 the SEC approved interim final rules implementing two provisions of the Fixing America’s Surface Transportation (FAST) Act, adopted by Congress in December, that revise financial reporting forms for emerging growth companies* and smaller reporting companies.** not assigned Avital Even-Shoshan | FAST Act | SEC law | srff
Read MorePartner Marc Ross Shares “Cannabis Banking Problems Continue: U.S. District Court Shoots Down Cannabis Banking Rights”
It took “ten courageous citizens” recognizing the difficulty in obtaining banking services for marijuana-related businesses to form the Fourth Corner Credit Union in March 2014. not assigned banking | marijuana | marijuana investing | mmj industry
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