The Privacy Concerns of New Private Offering Rules
In September 2013, SEC rulemaking changes went into effect that lift the longstanding ban on solicitation and advertising by hedge funds, startups, and venture capitalists raising money for private offerings. The new rules, however, raise practical issues.
Compliance Week spoke to Edward T. Dartley and Gregory J. Nowak, Pepper Hamilton attorneys with the firm's Investment Funds Industry Group, about the nuts and bolts issues issuers must consider, among them new data privacy concerns and document retention and destruction policies.
Click here to listen to the podcast (Running time: 11:00).
Visit the Pepper Hamilton JOBS Act Resource Center for more information about the Jumpstart Our Business Startups Act regulations, which became effective on September 23 .
Cut Unjustified Loopholes Act
Michigan Democratic Senator Carl Levin has introduced his proposed Cut Unjustified Tax Loopholes Act to target off-shore tax abuses.
In this podcast, Pepper tax partner Steve Bortnick, discusses how the act, designed to close a so-called loophole that allows foreign corporations to avoid paying U.S. taxes, might actually reduce U.S. tax revenues. Steve also discusses how this act would affect hedge and private equity funds.
If you are interested in the latest updates in the worlds of tax and private equity, you can request to receive an electronic copy of our monthly Tax Update newsletter or timely Funds Services client alerts by emailing firstname.lastname@example.org.
(Running Time: 12:08)