Policy Considerations And Potential Business Impact Perhaps the two most relevant provisions of the Investment Modernization Act of 2016 are the changes to restrictions on advertising in sections 2(b)(1)-(2), and the reduction in reporting requirements on the Form PF for many investment advisers in section 3(a).1 The bill passed the House on September 9, 2016.2…
Tag: Regulations
The CFPB and the DC Court of Appeals: A Rebuke and Question of Constitutionality
On October 11, the U.S. Court of Appeals for the District of Columbia delivered what is perhaps the biggest setback to the Consumer Financial Protection Bureau (CFPB) to date. The court held the structure and independence of the federal government’s relatively new consumer financial monitor to be unconstitutional in an opinion rebuking the CFPB for…
Airbnb Faces a Host of Challenges Amid Rapid Growth
Airbnb, the internet platform built to facilitate the listing and renting of lodgings, is expanding dramatically. Valued at $25.5 billion and now the “third most valuable venture capital-backed company in the world,” the website is expected to see a 100% increase in nightly bookings this year alone.1 Yet with the company’s exponential growth has come…