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January 15, 2021
Friday, January 15, 2021 On Nov. 20, 2020, the Department of Health and Human Services (HHS) Office of Inspector General (OIG) and the Centers for Medicare and Medicaid Services (CMS) issued two final rules, which implement changes to the Anti-Kickback Statute (AKS) and Physician Self-Referral Law (Stark Law) regulations (respectively the OIG Final Rule and the CMS Final Rule, collectively the Final Rules). [1] This alert is a part of the Dinsmore Health Care practice group’s ongoi...
January 13, 2021
On Jan. 12, due to COVID-19 concerns the 66th Wyoming Legislature convened at noon, for a one-day virtual session to fulfill the requirements of the Wyoming Constitution. According to Sen. Dave Kinskey approximately 50 bills
January 13, 2021
Overview On December 3, 2020, the Securities and Exchange Commission (the SEC) adopted new rule 2a-5 (Rule 2a-5) under the Investment Company Act of 1940, as amended (the 1940 Act), which establishes a framework for fund valuation practices and clarifies how the board of directors (the Board) of a fund can satisfy its valuation obligations under the 1940 Act. The SEC also adopted new rule 31a-4 (Rule 31a-4, and together with Rule 2a-5, the Final Rules), which provides certain recordkeeping requ...
January 12, 2021
On Thursday, January 7, 2021, the U.S. Department of Labor (“USDOL”) published its long-awaited Federal Register revising its interpretation of independent contractor (“IC”) status under the Fair Labor Standards Act (“FLSA”). Significantly, the Rule is NOT scheduled to go into effect until March 8, 2021, AFTER President-elect Biden will have been sworn in as the 46th President of the United States. While the new Final Rule would give employers and workers greater flexibility to arr...
January 7, 2021
To embed, copy and paste the code into your website or blog: We would like to thank everyone who was able to join us for the live presentation of the latest Aviation Webinar Series, “Remote Identification of Unmanned Aircraft and Flight Over People – The Final Rules.” We are gratified by the huge turnout and positive feedback we have received. There were several questions from the audience that we could not address due to the time constraints. As promised, we provide answers to those ...
January 7, 2021
Wednesday, January 6, 2021 On Jan. 19, 2021, the two recent final rules issued by the Department of Health and Human Services Office of Inspector General (OIG) and the Centers for Medicare and Medicaid Services (CMS) regarding changes to the Physician-Self Referral Law (Stark Law) and the Anti-Kickback Statute (AKS) regulations (respectively the OIG Final Rule and the CMS Rule, collectively the Final Rules) will become effective.[1] This alert is a part of the Dinsmore Health Care pr...
December 23, 2020
Wednesday, December 23, 2020 In addition to the incredible work of agency scientists and reviewers to get the first COVID-19 vaccines authorized for emergency use in December (as we covered in Part 2 of our year-end post), the Food and Drug Administration (FDA) has continued to make substantial progress on its non-COVID priorities as well. Continued Progress on Non-COVID Priorities… Besides the obvious scientific, technical, and regulatory work that FDA and other stakeholders ha...
December 23, 2020
Wednesday, December 23, 2020 On December 9, 2020, the Financial Crimes Enforcement Network (“FinCEN”) issued Notice 2020-1, extending the filing deadline for the Report of Foreign Bank and Financial Accounts, FinCEN Form 114 (FBAR), for certain individuals with signature or other authority over (but no financial interest in) employer-owned foreign financial accounts to April 15, 2022. FinCEN has provided similar extensions over the previous nine years. [1] This new extension appl...
December 22, 2020
To embed, copy and paste the code into your website or blog: On October 15, the Commodity Futures Trading Commission (CFTC or the Commission) adopted final rules imposing speculative position limits in derivative contracts referencing 25 agricultural, metals and energy commodities (the Final Rules). These limits are the culmination of almost a decade of work from the Commission and its staff, including revising the rules after a federal court vacated its last attempt to expand speculative posit...
December 22, 2020
Tuesday, December 22, 2020 On Nov. 20, 2020, the Department of Health and Human Services (HHS) Office of Inspector General (OIG) and the Centers for Medicare and Medicaid Services (CMS) issued two final rules, which implement changes to the Physician-Self Referral Law (Stark Law) and the Anti-Kickback Statute (AKS) regulations (respectively the OIG Final Rule and the CMS Rule, collectively the Final Rules). To meet the definition of a “Group Practice,” providers must satisfy a num...