H-1B lottery completed for 2018 fiscal year On April 7, 2017, USCIS announced that it had received enough H-1B petitions to reach the statutory cap of 65,000 visas for fiscal year (FY) 2018 including a sufficient number of H-1B petitions to meet the U.S. advanced degree exemption, also known as the master’s cap. USCIS received […]
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. […]
Florida wildfires 2017: State of emergency permit/ authorization extensions
Following the recent wildfires across the state, Florida Gov. Rick Scott declared a state of emergency on April 11 for the entire state of Florida. This state of emergency lasts until June 10, 2017.
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 […]
USCIS announces further measures to detect H-1B visa fraud and abuse
This alert from Gunster’s immigration law practice summarizes the USCIS April 3, 2017 announcement regarding the detection of H-1B Visa fraud and abuse.
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 […]
Public comment begins March 29 in review of Florida’s constitution
Review of the state constitution occurs every 20 years in Florida, per constitutional mandate. Florida’s 2017-18 Constitution Review Commission members were selected earlier this month.
USCIS temporary suspension of premium processing and updated handbook for employers
Gunster’s immigration law practice is pleased to bring you important news regarding H1-B premium processing
SEC adopts rules requiring exhibits to be accessible by hyperlink
On March 1, the Securities and Exchange Commission adopted new rules that will require the use of hyperlinks to exhibits listed in the exhibit index to various Securities and Exchange Act filings, including 10-Ks, 10-Qs and 8-Ks.