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HTMLSEC Whistleblower Is Second Compliance Officer to Receive Award
Thomas R. Bundy, Patricia A. Gorham, Cynthia M. Krus, Allegra J. Lawrence-Hardy, Robert D. Owen; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 4, 2015, previously published on May 4, 2015
On April 22, 2015, the U.S. Securities and Exchange Commission (SEC) issued its second whistleblower award to an employee with internal audit or compliance responsibilities. The recipient of the award is a compliance professional who stands to receive between $1.4 million and $1.6 million.1...

 

HTMLSEC Updates Guidance on Cybersecurity
Steven B. Boehm, Michael B. Koffler, Robert D. Owen, Stephen E. Roth, Mary Jane Wilson-Bilik; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 1, 2015, previously published on April 30, 2015
Emphasizing the critical importance of cybersecurity to registered investment companies (RICs), including insurance separate accounts and business development companies, and to investment advisers, the SEC’s Division of Investment Management issued new Cybersecurity Guidance on April 28, 2015...

 

HTMLElectronic Messaging Services Not Subject to Colorado Sales or Use Tax as Telephone or Telegraph Service or Any Other Taxable Service
Madison J. Barnett, Jessica L. Kerner; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 1, 2015, previously published on April 30, 2015
Colorado determined in two private letter rulings that a number of electronic messaging services are not subject to Colorado sales or use tax as a telephone or telegraph service or any other taxable service. The Company, which is not a regulated provider of telecommunications services, provides...

 

HTMLGame On: Kansas DOR Rules Video Game Access Codes and Subscription Cards Are Not Subject to Sales Tax
Open Weaver Banks, Charles C. Capouet; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 1, 2015, previously published on April 30, 2015
The Kansas Department of Revenue addressed the taxability of sales of video game access codes, subscription cards, point cards, and notional dollar value cards. Initial sales of access codes that allow customers to download video games or video game add-ons directly to the customer’s computer...

 

HTMLThe Rock or the Hard Place? South Carolina Issues Draft Guidance on Alternative Apportionment
Open Weaver Banks, Stephen A. Burroughs; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
April 30, 2015, previously published on April 29, 2015
The South Carolina Department of Revenue requested public comment on a draft Revenue Ruling and a draft Revenue Procedure that detail how it will prospectively apply alternative apportionment to multistate taxpayers. This represents the Department’s second attempt at drafting alternative...

 

HTMLNAIC Update - Spring 2015
Eric A. Arnold, B. Scott Burton, Eric R. Fenichel, Ling Ling, John S. Pruitt; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
April 23, 2015, previously published on April 22, 2015
The National Association of Insurance Commissioners (NAIC) held its first national meeting for 2015 in Phoenix, Arizona, from March 26 through March 31. Noteworthy new initiatives include cybersecurity, price optimization and the development of a model law for unclaimed life insurance benefits....

 

HTMLFERC Issues Order No. 809 On Gas/Electric Coordination
Lillian A. Forero, Paul F. Forshay, Daniel E. Frank, Catherine M. Krupka, Michael A. Stosser; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
April 23, 2015, previously published on April 22, 2015
On April 16, 2015, FERC issued a Final Rule in Coordination of the Scheduling Processes of Interstate Natural Gas Pipelines and Public Utilities, Order No. 809, Docket No. RM14-2-000, 151 FERC ¶ 61,049 (2015). Recent cold weather events, as well as associated gas supply difficulties and high...

 

HTMLFERC Issues Policy Statement On Natural Gas Pipeline Modernization Cost Recovery
Paul F. Forshay, Meghan R. Gruebner, Michael A. Stosser, Ryan R. Weiss; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
April 23, 2015, previously published on April 22, 2015
All On April 16, 2015, FERC issued a Policy Statement in Cost Recovery Mechanisms for Modernization of Natural Gas Facilities, Docket No. PL15-1-000, 151 FERC ¶ 61,047 (2015). Effective October 1, 2015, the Policy Statement permits interstate natural gas pipelines to seek implementation of...

 

HTMLDOL Reproposes Expanded ERISA Fiduciary Definition and Revised Complex of Exemptions
Peter J. Anderson, Eric A. Arnold, Keith J. Barnett, Brian Barrett, Frederick R. Bellamy; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
April 22, 2015, previously published on April 21, 2015
On April 14, 2015, after 43 months in development, the U.S. Department of Labor (DOL) released its reproposal to expand the “investment advice fiduciary” definition under the Employee Retirement Income Security Act of 1974, as amended (ERISA), which was published in the Federal Register...

 

HTMLFERC Issues Order No. 809 On Gas/Electric Coordination
Lillian A. Forero, Paul F. Forshay, Daniel E. Frank, Catherine M. Krupka, Michael A. Stosser; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
April 22, 2015, previously published on April 22, 2015
On April 16, 2015, FERC issued a Final Rule in Coordination of the Scheduling Processes of Interstate Natural Gas Pipelines and Public Utilities, Order No. 809, Docket No. RM14-2-000, 151 FERC ¶ 61,049 (2015). Recent cold weather events, as well as associated gas supply difficulties and high...

 


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