Steve Barrett

Photo of Steve Barrett

Steve has more than 25 years of experience helping public and private companies to structure complex financing, acquisition, business formation and other transactions and comply with related governmental requirements. His public company practice involves counseling both large and small issuers regarding the ongoing evolution of disclosure, executive compensation and corporate governance requirements under Securities and Exchange Commission (SEC) and stock market rules.

Latest Articles

Legislative Activity Elementary and Secondary Education Act (ESEA) It appears that Congress has finally reached an agreement on an Elementary and Secondary Education Act (ESEA) reauthorization bill. We expect House leadership to officially announce conferees this week. The Senate will also need to appoint its conferees and will meet with the House conferees for at least one conference committee meeting, the first of which is expected to take place this week. The legislation must then pass both…
Overview. Last week, the Securities and Exchange Commission (SEC) adopted new rules permitting “crowdfunding,” a method for growing businesses to raise capital over the Internet by soliciting small investments from a large number of individuals. The new rules are the final significant rulemaking procedure required by the Jumpstart of Business Startups (JOBS) Act of 2012 and aim to increase access to capital for new companies nationwide.…
Legislative Activity Information Sharing Legislation Moves to Conference Last week, the Senate passed the Cybersecurity Information Sharing Act (CISA/S. 754) by a 74-21 vote. Before voting on final passage of the bill, the Senate approved an amendment that would sunset the bill ten years after its enactment. All other amendments that were voted on during the floor debate were rejected, including an amendment from Senator Tom Cotton (R-AR) that would have extended liability…
Legislative Activity Senate Will Vote on CISA Final Passage on Tuesday Senate Majority Leader Mitch McConnell (R-KY) has scheduled a final vote on the Cybersecurity Information Sharing Act (CISA/S. 754) for Tuesday. After months of waiting for the bill to be considered on the Senate floor, the Senate finally began debate of CISA last week and plans to complete its work when it returns early next week. While there are still a number…
Legislative Activity Cyber Legislation Expected on the Senate Floor this Week The Senate returns to Washington today after a one week recess and is expected to consider the Cybersecurity Information Sharing Act (CISA/S. 754) on the floor this week. While Senators from both sides of the aisle agreed to a package of CISA amendments to consider on the floor in August, Senate Intelligence Committee Chairman Richard Burr (R-NC) and Ranking Member Dianne Feinstein…
Legislative Activity USED Experimental Site Opportunity: Educational Quality through Innovative Partnerships (EQUIP) Last Wednesday, the Department of Education announced the launch of the Educational Quality through Innovative Partnerships (EQUIP) program. The pilot program is part of the Experimental Sites Initiative that allows colleges and universities to experiment with various measures of statutory and regulatory flexibility in disbursing Title IV federal aid. The EQUIP program is aimed at evaluating the effectiveness of granting Title IV flexibility…
Legislative Activity Cyber Legislation Coming Soon to the Senate Floor It appears that the Senate may celebrate the fact that October has been designated as National Cybersecurity Awareness Month by finally considering the Cybersecurity Information Sharing Act (CISA/S. 754) on the Senate floor. The timing for the bill’s consideration is dependent on when the Senate finishes its debate of the National Defense Authorization Act conference report but it is expected to be considered…
Legislative Activity House Homeland Security Committee Will Mark up Cyber-Related Legislation On Wednesday, the House Homeland Security Committee will mark up the Department of Homeland Security Cybersecurity Strategy Act of 2015 (H.R. 3510), which would direct the Department of Homeland Security (DHS) to develop an internal cybersecurity strategy. The bill is in response to DHS’s plans to reorganize the Department and make changes to the cybersecurity divisions within DHS without prior Congressional authorization.…
Legislative Activity Information Sharing Legislation is Unlikely in September Given a packed schedule in the Senate due to the Iran nuclear deal, the Pope’s visit, and the start of Fiscal Year (FY) 2016 on October 1, it is unlikely that the Senate will pick up where it left off in August on the Cybersecurity Information Sharing Act (CISA/S. 754) until next month. The Senate began consideration of the bill during the first week…
Legislative Activity Senate is Likely to Consider Cybersecurity Legislation Before August Recess Once it completes its work on surface transportation reauthorization legislation, the Senate has indicated that it plans to consider the Cybersecurity Information Sharing Act (CISA/S. 754) on the Senate floor before it leaves for recess, which is scheduled to begin on August 7. It is likely that Senators will introduce a number of amendments to the legislation when it hits the…