The European Court of Justice (ECJ) held in its decision C-541/18 of September 12, 2019 that the distinctive character of a sign applied for as a trademark –a prerequisite of eligibility for trademark protection– must be assessed in the light of all the relevant facts and circumstances. This includes all the likely uses of the...
The SEC recently adopted amendments to the long-standing definition of “accredited investor,” an important qualification standard under the securities laws that determines what types of investors may invest in certain kinds of private securities offerings, including securities offerings to natural persons and entities conducted pursuant to Rules 506(b) and 506(c) of Regulation D under the Securities Act of 1933 and “qualified institutional buyers” for Rule 144A under the Securities Act and other important federal and state securities law exemptions. The final rule adopted by the SEC is substantially similar to the proposed rule with a few teaks based on comments it received as part of the adoption process.
The current definition of “accredited investor” has been in place without any significant update since 1985. At a high level, the rule broadens the categories of individuals and entities that qualify by adding categories of eligibility based on their professional knowledge, experience or certifications and allows these investors to further qualify as “accredited investors” thereby making them eligible to participate in private capital markets. The stated purpose of the amendments is to “update and improve the definition to more effectively identify institutional and individual investors that have the knowledge and expertise to participate in those markets.” Ultimately, the amendments allow individuals and entities to participate in private capital markets not only based on their income or net worth, but also based on established, clear measures of financial sophistication.… Continue Reading SEC adopts changes to “accredited investor” definition
The new Online MS in Business Analytics for Managers from Simon Business School is the latest advancement in analytically rigorous, leadership-focused education designed to help managers and aspiring managers prepare for the future of business-wherever it may lead. Applications are being accepted now and the first 14-month class will begin August 2022.
In clarifying guidance signed December 21, 2021, Director of National Intelligence Avril Haines offered insight on several hot topics involving security clearances and the growing prevalence of recreational marijuana in many states. The guidance addressed: Recreational drug use in security clearance determinations Use of CBD products by clearance holders. Investing in marijuana businesses by clearance holders. […]