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Michael Van Gorder

House Passes Bill Prohibiting Insider Trading Before Reporting Major Corporate Events

Posted by Michael Van Gorder on 01/14/2020

On January 13, 2020, the United States House of Representatives approved the 8-K Trading Gap Act, H.R. 4335, 116th Cong. (2019-20), (the "Bill") by a vote of 384-7. The Bill is designed to close a "loophole" to the current laws that prohibit corporate insiders from trading company stock using material nonpublic information. More specifically, ...

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Maxwell Michael

SEC Proposes Amending the Definition of an "Accredited Investor"

Posted by Maxwell Michael on 01/13/2020

On December 18, 2019, the Securities and Exchange Commission ("SEC") proposed amendments to the definitions of an accredited investor under Rule 501(a) of Regulation D and of a qualified institutional buyer under Rule 144A(a)(1). An "accredited investor" is an investor who may deal in securities that are not registered with financial regulatory ...

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Cassandra Rohme

The MTA’s failure to make public transportation accessible to people with disabilities is not just a violation of the ADA, it is an ongoing cause of serious injury to disabled New Yorkers

Posted by Cassandra Rohme on 01/03/2020

As the late Mitch Hedberg, one of the greatest comedic minds of his generation once joked: "An escalator can never break: it can only become stairs. You should never see an 'Escalator Temporarily Out-Of-Order' sign, just: 'Escalator Temporarily Stairs. Sorry for the convenience.'" It is not difficult to imagine that Hedberg's joke might have ...

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