Live Breaking News & Updates on Proposed Exemption
Stay updated with breaking news from Proposed exemption. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Wto Và Mỹ Cam Kết Phối Hợp Thúc Đẩy Nền Kinh Tế Toàn Cầu tin247.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tin247.com Daily Mail and Mail on Sunday newspapers.
To embed, copy and paste the code into your website or blog: Last week, the U.S. Department of Labor (the “DOL”) on December 15, 2020 issued a release (the “Release”) finalizing an important new initiative for retirement accounts (“Plans”) that are subject to the Employee Retirement Income Security Act of 1974 (“ERISA”) or Section 4975 of the Internal Revenue Code of 1986 (the “Code”). The Release finalizes Prohibited Transaction Class Exemption (“PTCE”) 2020-2, which provides an exemption from ERISA’s and the Code’s prohibited transaction rules for individuals and institutions that wish to assert they are (or otherwise are at risk of being) fiduciaries by virtue of providing “investment advice” as defined under ERISA or Section 4975 of the Code (“Investment Advice”) to Plans and that also intend to offer them financial products and services. The Release is also important because it sets forth in the Release’s preamble the DOL’s views re ....
To embed, copy and paste the code into your website or blog: In an industry already rife with significant regulatory complexities, cannabis issuers face another challenge familiar to many small and emerging businesses raising capital: The regulatory minefield posed by hiring unregistered broker-dealers, also known as “finders,” to assist issuers with raising capital in private markets from accredited investors. This is particularly true for the capital raising ecosystem within the cannabis space, which, due to its federal illegality among other factors, lacks the type of established, robust capital raising networks available to other, more traditional industries. This post is the first of two installments of a “mini-series” discussing the potential impact of the SEC’s proposed limited conditional “finder” exemptions on issuers’ capital raising efforts. ....