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SEC grants partial relief from conflict minerals requirements

On April 7, the SEC Division of Corporation Finance issued an interpretation that companies subject to paragraph (c) of Item 1.01 of Form SD may file only the disclosure required under paragraphs (a) and (b). The interpretation, which results from litigation challenging the conflict minerals rules, makes it clear that companies remain obligated to comply […]

SEC makes inflation adjustments for emerging growth company status

On March 31, the SEC adopted rule amendments to implement inflation adjustments relating to “emerging growth company” status under the JOBS Act.  The amendments: Raise from $1 billion to $1.07 billion the threshold for qualifying as an emerging growth company; and Change the cover pages of various registration and reporting forms relating to EGC status. […]

H-1B cap reached for fiscal year 2018

U.S. Citizenship and Immigration Services (“USCIS”) announced on April 7, 2017, via a press release on its website, that it had received a sufficient number of H-1B petitions to reach the statutory cap of 65,000 as well as the cap of 20,000 H-1B petitions filed on behalf of persons exempt from the regular cap under […]

SEC shortens settlement cycle effective September 2017

SEC moves to T+2 settlement window  The SEC announced today that it has adopted an amendment that will shorten the current settlement cycle for securities transactions to two business days (T+2) from the current three-day cycle. The new cycle will take effect in September. If you have any questions, please contact David Scileppi or Bob […]

Florida’s 2017-18 Constitution Revision Commission members selected

Florida’s constitution undergoes review every 20 years, as established in the constitution. The last review took place in 1997-1998, when Democrats held more power in Tallahassee. This time, the vast majority of appointments were made by Republican leaders.

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