The SEC has finally taken action on the JOBS Act, passed in April, 2012.  The JOBS Act requires the SEC to amend Rules 506, and 144A of Regulation D of the Securities act of 1993.  Rule 506 contains a provision prohibiting the “general solicitation or general advertising” by issuers trying to sell securities.   Rule 144A … Continue reading →

In April, the Federal Communications Commission (FCC) filed a request for comments on a proposal that would effectively place a tax on broadband Internet service.  This move has largely flown under the radar, but fortunately, people have begun to take notice.  Obviously, a tax on broadband Internet service would have a large impact across the country, … Continue reading →

On August 21, 2012, the D.C. Circuit Court of Appeals struck down the EPA’s Cross-State Air Pollution Rule (CSAPR).  CSAPR is an attempt to implement the “good neighbor” provision of the Clean Air Act that requires “upwind States” to prevent “sources within their borders from emitting … ‘amounts’ of pollution that travel across state lines” … Continue reading →