Rimon Blog
Posts from Luis Orozco
IRS issues new instructions on providing partners with Schedules K-1 in exclusively electronic form
New instructions from the IRS—effective February 13, 2012—detail the procedure that partnerships must undertake when furnishing partners with Schedules K-1 in an electronic format.
SEC Amends Rules on Advisory Performance Fee Charges
On February 15, 2012, the U.S. Securities and Exchange Commission adopted amendments to Rule 205-3 of the Investment Advisers Act of 1940 consisting of: (i) changes to the dollar amount thresholds which determine whether an individual or company is a “qualified client;” (ii) changes to the net worth test in the definition of “qualified client;” (iii) inclusion of two transition, or “grandfather,” provisions which permit investment advisers and clients to continue operating under advisory contracts entered into before adoption of these amendments.
SEC’s new standard for “accredited investors” took effect February 27, 2012
The U.S. Securities and Exchanges Commission’s new standard to determine whether a party qualifies as an “accredited investor” went into effect Monday, February 27, 2012
Stop Online Piracy Act: Powers Granted to the Attorney General
As noted in the first piece of this two-part series, the Stop Online Piracy Act’s (“SOPA”) procedures vary depending on whether the Attorney General or a copyright holder initiates the process. This article looks at the possible course of action when initiated by the Attorney General.
Stop Online Piracy Act: fair play or a stacked deck?
Currently under debate in the U.S. House of Representatives, the Stop Online Piracy Act (“SOPA”) would provide the Attorney General and copyright holders with tools to combat copyright infringement and trafficking of counterfeit goods. Whether the bill goes too far, though, is under heavy scrutiny. Opponents to SOPA, including Internet giants such as Google and Facebook, worry that the bill will result in Internet censorship akin to China’s Internet firewall. Others, including the RIAA and MPAA, believe it is necessary to protect U.S. intellectual property.