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HTMLFDA Announces Changes to the Nutrition Information on the Labels of Food, Beverages, and Dietary Supplements
Justin J. Prochnow, Nancy E. Taylor; Greenberg Traurig, LLP;
Legal Alert/Article
June 9, 2016, previously published on May 27, 2016
On May 20, 2016, the FDA announced that it finalized changes to the Nutrition Facts panel on the labels of packaged foods and beverages, as well as changes to the Supplement Facts panel on the labels of dietary supplements. The final regulations were published in the Federal Register on May 27,...

 

HTMLPotential Texas Margin Tax Refund Claim
C. Stephen Davis, G. Michelle Ferreira, William H. Gorrod, Courtney A. Hopley, Barbara T. Kaplan; Greenberg Traurig, LLP;
Legal Alert/Article
June 8, 2016, previously published on May 25, 2016
The Texas Supreme Court’s decision in Hallmark Marketing provides a potential Texas margin tax refund claim for taxpayers that recognized net losses on investments and capital assets.

 

HTMLFinCEN Finalizes Customer Due Diligence Rule
Carl A. Fornaris, Brett M. Kitt; Greenberg Traurig, LLP;
Legal Alert/Article
June 8, 2016, previously published on May 25, 2016
May 6, 2016, the Financial Crimes Enforcement Network of the U.S. Department of the Treasury (FinCEN) finalized regulations that will require banks, securities broker dealers, mutual funds, futures commission merchants, and introducing brokers in commodities (collectively, Covered Institutions) to...

 

HTMLThe Department of Labor’s White Collar Overtime Rules Are Here: An Increase in the Minimum Salary, but No Changes to the Duties Test
James N. Boudreau, Adam Roseman; Greenberg Traurig, LLP;
Legal Alert/Article
June 7, 2016, previously published on May 18, 2016
The Department of Labor (DOL) released its much anticipated Final Rule revising its amended white collar overtime regulations this afternoon at an event in Columbus, Ohio.

 

HTMLRejecting the Aspire Court Decision, the CFTC Proposes a ‘Private Right of Action’ Amendment to RTO-ISO Order
Harris L. Kay, Gregory K. Lawrence; Greenberg Traurig, LLP;
Legal Alert/Article
June 7, 2016, previously published on May 18, 2016
On March 28, 2013, the Commodity Futures Trading Commission (CFTC) issued an Order (the RTO-ISO Order), which exempted certain electric energy transactions conducted in particular regional transmission organizations (RTOs) and independent system operators (ISOs) from the Commodity Exchange Act...

 

HTMLThe DOL Issues Broader Fiduciary Adviser Definition: What Does it Mean for You?
Jeffrey D. Mamorsky; Greenberg Traurig, LLP;
Legal Alert/Article
June 7, 2016, previously published on May 19, 2016
Since the enactment of ERISA in 1974, there has been a dramatic shift in the retirement savings marketplace from employer-sponsored defined benefit plans to participant-directed 401(k) plans, coupled with the widespread growth of Individual Retirement Accounts and Annuities (IRAs). In fact, 401(k)...

 

HTMLThe ARB Potentially Broadens Protected Activity Under Sarbanes-Oxley
Adam Roseman; Greenberg Traurig, LLP;
Legal Alert/Article
June 7, 2016, previously published on May 19, 2016
Just when employers thought that the anti-retaliation provision of the Sarbanes-Oxley Act of 2002 (SOX), 15 U.S.C. § 1514A, already covered a broad range of protected conduct, the Department of Labor’s Administrative Review Board (ARB), the appellate body that reviews Administrative Law...

 

HTMLOmnicare Applied to Audit Reports by the Second Circuit
Karl G. Dial; Greenberg Traurig, LLP;
Legal Alert/Article
June 6, 2016, previously published on May 23, 2016
On Friday, May 20, 2016, the Second Circuit issued the first opinion by a Circuit Court applying the Supreme Court’s Omnicare decision to audit reports under Section 11 of the Securities Act of 1933. The Second Circuit’s Summary Order, issued in In re Puda Coal Securities, Inc....

 

HTMLTreasury Proposes New Regulations on Disregarded Entities Owned by Nonresident Aliens
Mary F. Voce, Kenneth Zuckerbrot; Greenberg Traurig, LLP;
Legal Alert/Article
May 31, 2016, previously published on May 12, 2016
If you ask the typical American tax administrator to name a notorious tax haven they would probably name the Cayman Islands or the British Virgin Islands or some other small nation that makes a disproportionate amount of its budget by accommodating international tax structures. Ask the same...

 

HTMLCFPB Proposed Rule on Consumer Finance Arbitration
Jennifer L. Gray, Brett M. Kitt, Gil Rudolph, Murray B. Silverstein; Greenberg Traurig, LLP;
Legal Alert/Article
May 31, 2016, previously published on May 16, 2016
On May 5, 2016, the Consumer Financial Protection Bureau (CFPB) presented for public comment its proposed rule prohibiting the use of mandatory pre-dispute arbitration clauses that waive class action lawsuits. The proposed rule would require providers to explicitly disclose to consumers that the...

 


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