In a letter dated November 15, 2013, SEC Chair White provides insights regarding the SEC Staff’s review of the accredited investor definition. For example, the letter notes that the Staff is considering as a possible supplemental or alternative...
North Carolina advocates in the nationwide fight to legalize medical marijuana have lobbied for legislative efforts to promote what they characterized as a compassionate medical marijuana program. Rep. Kelly Alexander has sponsored bills throughout...
Today we celebrate Thomas Edison. It is not his birthday but the 127th anniversary of Edison announcing his first recording invention, the phonograph.... By: Thomas Fox
Current events were top-of-mind last Friday, November 15, 2013, as Akerman LLP's Healthcare Practice Group and Wells Fargo invited clients and industry professionals to engage in a thoughtful discussion on healthcare reform and the future of the...
The OCC issued guidance (the “Guidance,” OCC Bulletin 2013-33) that establishes standards that the OCC will use when it requires national banks, federal savings associations or federal branches or agencies (collectively, “Banks”) to employ...
On November 12, the SEC announced a deferred prosecution agreement (DPA) with a former hedge fund administrator, the agency’s first ever DPA with an individual. The DPA follows a November 2012 SEC enforcement action against a hedge fund and its...
Five years ago, the Federal Trade Commission (FTC) waded into the debate regarding the benefits and potential competition issues posed by the introduction of "follow-on biologics." Now, some three years after Congress provided a pathway for approval...
Advertising is a key ingredient to most companies’ success. Potent advertising can give a rising company a lift and an established business staying power. When deployed by a competitor, advertising can threaten a rival's reputation, market share and...
On Tuesday, the United States Justice Department announced that it finalized a settlement agreement with JPMorgan Chase for $13 billion. This settlement will resolve a multitude of state and federal investigations into JPMorgan Chase’s sale of...
