Recently, the New York Times posted a story on the new FTC regulations that as of December 1, 2009, require bloggers who review products to disclose any connection with advertisers, including receipt of free products or payment in any way. In advancing this rule, the FTC stated that this practice frequently occurs and can be deceiving to the public.
LegalZoom, RocketLawyer, Nolo . . . the list goes on and on. So what do you do when you are faced with what seems like a simple legal issue. Do you pick up the phone and call an attorney, or do you grab your mouse and do it yourself? (more…)
A bill has been introduced in the Senate known as the Hedge Fund Transparency Act. While directed at hedge funds, it is drafted very broadly and if passed in its proposed form would require private equity funds, venture capital funds and other private investment vehicles with more than $50 million under management to register with the SEC.