The Securities and Exchange Commission (SEC) continues to investigate companies for including language in their employment and separation agreements or retail client settlement agreements that potentially discourages...more
9/18/2024
/ Broker-Dealer ,
Dodd-Frank ,
Employees ,
Employment Contract ,
Enforcement Actions ,
Financial Institutions ,
Financial Markets ,
Government Agencies ,
Investment Adviser ,
Popular ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Separation Agreement ,
Settlement Agreements ,
Whistleblower Awards ,
Whistleblower Protection Policies ,
Whistleblowers
The SEC has begun to bring enforcement actions against companies whose employment and client agreements could appear to infringe on the right to report cases in violation of Section 21f-17(a) of the Exchange Act. On September...more
9/16/2024
/ Employees ,
Employer Liability Issues ,
Employment Contract ,
Enforcement Actions ,
Publicly-Traded Companies ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Violations ,
Whistleblower Protection Policies ,
Whistleblowers
On March 21, 2024, the Federal Deposit Insurance Corporation (“FDIC”) issued its proposed Statement of Policy on Bank Merger Transactions (the “Proposal”) for public comment. The Proposal seeks to update guidance, last...more
4/5/2024
/ Antitrust Provisions ,
Banks ,
Competition ,
Department of Justice (DOJ) ,
Employees ,
Employment Contract ,
FDIC ,
Federal Trade Commission (FTC) ,
Merger Agreements ,
Money Laundering ,
Non-Compete Agreements
On January 9, 2024, the US Department of Labor (DOL) issued a final rule that provides revised guidance on whether a worker is properly classified as an employee or independent contractor under the Fair Labor Standards Act...more
1/10/2024
/ Department of Labor (DOL) ,
Employees ,
Employer Liability Issues ,
Fair Labor Standards Act (FLSA) ,
Federal Labor Laws ,
Final Rules ,
Freelance Workers ,
Gig Economy ,
Hiring & Firing ,
Independent Contractors ,
Labor Reform ,
Minimum Wage ,
New Rules ,
NLRA ,
Over-Time ,
Proposed Rules ,
Unpaid Overtime ,
Wage and Hour