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HTMLSummary of AILA’s Monthly Check-In with “Charlie”
Cory A. Richards; Greenberg Traurig, LLP;
Legal Alert/Article
September 29, 2014, previously published on September 17, 2014
On September 8, 2014, the October 2014 Visa Bulletin was released. Shortly thereafter, on September 11, 2014, AILA “checked in” with Charles (“Charlie”) Oppenheim, Chief of the Visa Control and Reporting Division, U.S. Department of State, to obtain his analysis of current...

 

HTMLNew Employment Rules for Federal Government Contractors
Johnine P. Barnes, Ryan C. Bradel; Greenberg Traurig, LLP;
Legal Alert/Article
September 29, 2014, previously published on September 25, 2014
President Obama recently issued two Executive Orders requiring federal government contractors to adopt practices to ensure fair treatment of certain classes of workers. The first, titled the "Fair Pay and Safe Workplaces Executive Order," (the "FPSW Order") makes a contractor's...

 

HTMLCFPB Issues Proposed Rule for Larger Participants in the Nonbank Auto Lending Market
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
September 25, 2014, previously published on September 24, 2014
On September 18th, the CFPB issued a long-awaited proposed rule to define larger participants in the nonbank auto lending market. Once effective, the rule will give the CFPB power to supervise this group of financial institutions. The rule would define “larger participants” in the...

 

HTMLPublic Sector Information Market: An Opportunity to Have Your Say
Lisa Navarro, Stephen C. Tupper; Greenberg Traurig Maher LLP;
Legal Alert/Article
September 25, 2014, previously published on September 24, 2014
In 2006, the Office of Fair Trading (now known as the Competition and Markets Authority or “CMA”) published a market study on the commercial use of public sector information. The study concluded that there were problems with both the ability to access some types of information held by...

 

HTMLHouse Passes Bill Modifying Points and Fees Determination for Qualified Mortgages
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
September 25, 2014, previously published on September 24, 2014
On September 16th, by a margin of 327-97, the U.S. House of Representatives passed a consolidated bill, the “Insurance Capital Standards Clarification Act of 2014” (H.R. 5461), that would make adjustments to various provisions of the Dodd-Frank Act. The vote was taken under a procedure...

 

HTMLRecent CFPB Speaking Engagements
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
September 22, 2014, previously published on September 16, 2014
On September 8th, CFPB Deputy Director Steven Antonakes spoke at the American Mortgage Conference. Antonakes emphasized the importance of complying with the CFPB’s new mortgage rules. Calling the rules a “return to traditional mortgage lending,” Antonakes stated that consumers...

 

HTMLSEC Announces Enforcement Actions Against Public Companies and Corporate Insiders Based on Failure to Timely File Transaction Reports
Ira N. Rosner, Joshua M. Samek; Greenberg Traurig, LLP;
Legal Alert/Article
September 22, 2014, previously published on September 16, 2014
On September 10, 2014, the Securities and Exchange Commission (SEC) announced enforcement actions against 28 public company insiders for violating federal securities laws requiring prompt reporting about their holdings and transactions in company stock. The 28 public company insiders included 13...

 

HTMLCFTC Removes Big Obstacle to Hedge Fund Advertising
James "Jay" S. Crenshaw, Scott R. MacLeod; Greenberg Traurig, LLP;
Legal Alert/Article
September 22, 2014, previously published on September 19, 2014
On September 9, 2014, the U.S. Commodity Futures Trading Commission ("CFTC") eased long-standing marketing restrictions on private offerings by hedge funds, a move aimed at aligning the CFTC's restrictions with similar rules adopted by the U.S. Securities and Exchange Commission...

 

HTMLNew California Paid Sick Leave Law is Nothing to Sneeze At
Koray J. Bulut; Greenberg Traurig, LLP;
Legal Alert/Article
September 22, 2014, previously published on September 16, 2014
Starting July 1, 2015, virtually all employers in California will be required to provide three days of paid sick leave each year under a new law signed by Gov. Jerry Brown last week. A.B. 1522, the “Healthy Workplaces, Healthy Families Act of 2014,” will affect small and large...

 

HTMLCalifornia is in the Black
Thomas L. Sheehy; Greenberg Traurig, LLP;
Legal Alert/Article
September 22, 2014, previously published on September 16, 2014
California Governor Jerry Brown’s initial state budget was Sacramento’s first on-time budget in years, and the first “majority vote” budget in decades for the Golden State. Since June 2011, Governor Brown has signed three more on-time and balanced budgets. In fact, in...

 


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