CSA Targets Brokers to Raise Conduct Standards

On April 28, 2016, the Canadian Securities Administrators (“CSA”) published CSA Consultation Paper 33-404 (“CP 33-404”) which proposes for discussion regulatory action to hold securities advisors, dealers and representatives (“Advisors”) to a higher standard in dealings with their clients.

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TSX Venture Exchange Announces Four Character Stock Symbol Reservations

The TSX Venture Exchange has announced that it is now accepting initial reservation requests for four letter root trading symbols. Currently, root trading symbols on the Exchange are limited to three letters. The Exchange anticipates that four letter symbols will commence trading by the end of the fourth quarter of 2016.

In order to provide issuers with an equitable allocation process, the period for initial application for a four letter symbol will expire on May 20, 2016. After May 20, 2016, reservations for four letter symbols will be made by the usual reservation process on a “first come, first serve” basis.

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Hot Topics Seminar on Tax Issues Relating to Stock Options – May 18, 2016

Two of our Corporate Finance & Securities partners, Virgil Hlus and Angela Blake, are speaking at an upcoming event being put on by Manning Elliott Accountants & Business Advisors. The event is called “Hot Topics Seminar on Tax Issues Relating to Stock Options” and is taking place on May 18, 2016 from 3-5pm at the Hyatt Regency Vancouver.

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Rainmaking Recommendation from Jaimie Field: Ask!

Today’s rainmaking recommendation from rainmaking expert and trainer, Jaimie Field, seems like it would be a no-brainer, but it’s probably one of the hardest ones – to get more referrals, have you tried asking for them? Read on! 

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Strategies and Tactics to Battle Online Cyber-Defamation

With the ever-expanding role of social media and the Internet, negative reviews can spread virtually unchecked. Although some negative reviews are limited to statements of opinion that, generally, are legally protected, companies and individuals increasingly are subject to attacks that include false statements constituting online defamation.

The legal avenues for addressing defamatory comments and obtaining their removal from websites can be difficult to navigate. Generally speaking, the Communications Decency Act of 1996 protects Internet providers, including Google, Facebook, Twitter, and Yelp, from liability for content posted by their users, which creates little incentive — and, arguably, a disincentive — for these entities to self-police their sites. Accordingly, many sites require a court order or judgment before removing allegedly defamatory comments.

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ILN Today Post

‘All Natural’ Claims Challenged by FTC; Four Companies Settle and One Is Charged

Four companies have agreed to settle Federal Trade Commission (FTC) allegations that they falsely marketed personal care products online as “all natural” or “100% natural” although they contain artificial ingredients. The FTC charged a fifth company with making similar claims.

The FTC’s Allegations According to the FTC’s complaints against the companies and a statement it released announcing the proposed settlements:

  • Trans-India Products, Inc., doing business as ShiKai, based in Santa Rosa, Calif., markets “All Natural Hand and Body Lotion” and “All Natural Moisturizing Shower Gel,” both directly and through third-party websites including walgreens.com and vitacoast.com, although the lotion contains the synthetic ingredients Dimethicone, Ethyhexyl Glycerin and Phenoxyethanol and the gel contains Ethylhexyl Glycerin and Phenoxyethanol.

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ILN Today Post

International Tax Attorney Osmel Cuan joins the firm’s Miami office

The Miami office recently welcomed Osmel “Ozzy” Cuan as an associate in the firm’s Tax and International Law Practice Group.

Ozzy has experience counseling clients on domestic and international tax matters. He has advised foreign clients investing in the U.S. as well as U.S. clients structuring businesses abroad as well as on international estate planning.

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ILN Today Post

Five Howard & Howard attorneys named to several committees within the Illinois State Bar Association

Royal Oak, Michigan, April 28, 2016:  Howard & Howard Attorneys PLLC is pleased to announce that several of our attorneys have been appointed/reappointed to various committees within the Illinois State Bar Association for the 2016-2017 term.

The attorneys and their appointments/reappointments are as follows:

Timothy D. Gronewold has been reappointed to serve as a Member on the Labor & Employment Law Section Council.
Thomas E. Howard has been reappointed to serve as a Member on the Mental Health Law Section Council. He has also been appointed to the Standing Committee On Judicial Evaluations – Outside Cook County and the Commercial Banking, Collections & Bankruptcy Law Section Council.
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ophævelse af 60/40-støtteordning for solcelleanlæg

Lovforslag om ophævelse af den såkaldte 60/40-støtteordning i § 47, stk. 7 i Lov om vedvarende energi blev den 3. maj 2016 hastebehandlet og vedtaget. Loven træder i kraft straks. Tilsagn om støtte givet inden den 3. maj 2016 berøres ikke.

Støtteordningen gjorde det muligt at ansøge om pristillæg til elektricitet produceret på solcelleanlæg. Støtteordningen gav en garanteret afregningspris på 60 øre/kWh de første 10 år og derefter 40 øre/kWh de næste 10 år. Med andre ord blev der givet et pristillæg til producenten svarende til forskellen mellem markedsprisen og støtteloftet 60/40 øre/kWh.

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Preparing for the New STEM OPT Regulations: May 10 Is Coming! May 10 Is Coming!

Jang Hyuk Im

Jang Hyuk Im

Many high-tech companies are recovering from the recent April mad-dash to file H-1B cap petitions allowing for the continued employment of their foreign student graduate population.  Since the H-1B cap season closed abruptly following the first week of April, and USCIS has completed its computer-generated lottery determining which of the 200,000-plus petitions submitted have been accepted for the limited 85,000 H-1B cap slots available, employers now must turn their attention immediately to define viable alternative visa options for those foreign students not fortunate to be selected.

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