Of course, any stock sale will have to be structured to avoid the requirement to register the offering under the Securities Act of 1933. Banks, of course, already enjoy an exemption from the registration requirements under the Securities Act. For holding companies, while there are a variety of registration exemptions available, many would be inconsistent with a broad-based offering of the kind that would be implied by the new 2,000 shareholder Exchange Act registration threshold. The JOBS Act does create a new registration exemption under Section 3(b)(2) of the Securities Act that is similar to the existing Regulation A exemption but has a substantially higher dollar limit ($50 million compared to the Regulation A limit of $5 million). Neither exemption imposes restrictions on the number of or qualifications of purchasers, which is consistent with the expanded exemption from Exchange Act registration. The Section 3(b)(2) exemption, like Regulation A, can be thought of as "public … [Read more...] about The Impact of the Recently-Enacted JOBS Act: Helping Banks and Bank Holding Companies Stay Private
People helping other people
Hans’ fears of being outed and for his safety are real for him and the 1.4 million American adults who identify as transgender, according to the Williams Institute at the UCLA School of Law. In 2011, a survey by the National Center for Transgender Equality and the National LGBTQ Task Force found about 90 percent of trans people experience harassment, mistreatment or discrimination at work. And 78 percent of K-12 students reported harassment, 35 percent physical assault and 12 percent sexual violence. The stressors are so high that 41 percent of transgender and gender nonconforming people attempted suicide, the study found. At press time, the center was finishing work on a follow-up, the U.S. Trans Survey, scheduled for release on Dec. 8, 2016. … [Read more...] about Law students offer free legal services to help transgender people change their names
“The idea is to create an instrument that will distinguish not who is depraved, but rather what aspects of a given crime are depraved and the degree of a specific crime’s depravity,” says Welner, a clinical associate professor of psychiatry at New York University School of Medicine and chair of the Forensic Panel, a forensic science consulting firm. … [Read more...] about Depravity Scale May Help Judges and Juries During Sentencing
A CLASS to lower the risk of older people falling over is starting next month. Anyone over 55 can sign up to the new Steady and Strong class in Wickham designed to increase strength and stability and prevent falls. … [Read more...] about Wickham class aims to lower risk of falls by improving people’s stability
Terán points to the successful recall of Russell Pearce, who riled the anger of the Latino community with his sponsorship of the infamous “show me your papers” bill, SB1070. She points out that since the recall, politicians have laid off the anti-immigrant legislation. While polling is sparse in her district, data from the registrar shows Terán's district outperforming other districts in new registrations and with one of the highest populations in Latinos, Terán is favored to win. … [Read more...] about Can local Latino candidates in Arizona help boost turnout for the Democrats?