The Securities and Exchange Commission (the “Commission”) amended the definition of an “accredited investor” under the Securities Act of 1933. In the past, individual investors who did not meet specific income or net worth tests were denied the opportunity to invest in private markets. The amendments identify institutional and individual investors that have the knowledge and expertise to participate in those […]
Title VII of the Civil Rights Act of 1964 entitled Unlawful Employment Practices provides in relevant part: It shall be an unlawful employment practice for an employer—to fail or refuse to hire or to discharge any individual, or otherwise to discriminate against any individual with respect to his compensation, terms, conditions, or privileges of employment, because of such individual’s race, […]
The U.S. Department of Labor (DOL) recognizes apprenticeships under its Registered Apprenticeship Program (RAP). RAPs are apprenticeships that have been validated by the U.S. Department of Labor or a State Apprenticeship Agency. On March 11, 2020, DOL published a final rule establishing a system for advancing the development of high-quality, Industry-Recognized Apprenticeship Programs (IRAPs). A copy of the final rule […]
The EU-US Privacy Shield Framework was developed by the US Department of Commerce and the European Commission to facilitate compliance with personal data protection requirements when transferring personal data from the European Union to the United States. Organizations participating in the program were deemed to provide “adequate” privacy protection outside of the European Union under the EU Data Protection Directive (GDPR). […]