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Last week, an Ankeny woman was arrested for selling products that contained cannabidiol, or CBD, as it is widely known. This incident is a stark reminder that despite the passage of the 2018 Farm Bill, CBD and other hemp products are still illegal in Iowa. Until the USDA approves the state’s plan for hemp production, CBD is considered to be the same as marijuana under Iowa law. And even after the USDA has approved the…
Last week, an Ankeny woman was arrested for selling products that contained cannabidiol, or CBD, as it is widely known. This incident is a stark reminder that despite the passage of the 2018 Farm Bill, CBD and other hemp products are still illegal in Iowa. Until the USDA approves the state’s plan for hemp production, CBD is considered to be the same as marijuana under Iowa law. And even after the USDA has approved the…
Last week, an Ankeny woman was arrested for selling products that contained cannabidiol, or CBD, as it is widely known. This incident is a stark reminder that despite the passage of the 2018 Farm Bill, CBD and other hemp products are still illegal in Iowa. Until the USDA approves the state’s plan for hemp production, CBD is considered to be the same as marijuana under Iowa law. And even after the USDA has approved the…
Financial Technology, often shortened to fintech, is a booming industry where technology and innovation compete with traditional financial methods in the delivery of financial services, including virtually any major financial transaction. Due to this boom, fintech companies are growing exponentially around the globe. In 2018 venture capital-backed financial technology companies raised a whopping $39.57 billion, an increase of 120 percent from previous years. In the United States alone, fintechs raised a record of $11.89
Financial Technology, often shortened to fintech, is a booming industry where technology and innovation compete with traditional financial methods in the delivery of financial services, including virtually any major financial transaction. Due to this boom, fintech companies are growing exponentially around the globe. In 2018 venture capital-backed financial technology companies raised a whopping $39.57 billion, an increase of 120 percent from previous years. In the United States alone, fintechs raised a record of $11.89
It seems like we’ve discussed this subject for years. It was May of 2016 when the Obama DOL issued final regulations that among other things, more than doubled the minimum salary requirements for the Executive, Administrative, Professional, Computer, and Highly-Compensated (EAP) FLSA exemptions to apply. Of course, those rules were struck down by a federal judge, and never did take effect.  Subsequently, the Trump DOL proposed their version of the rule to increase the EAP…
It seems like we’ve discussed this subject for years. It was May of 2016 when the Obama DOL issued final regulations that among other things, more than doubled the minimum salary requirements for the Executive, Administrative, Professional, Computer, and Highly-Compensated (EAP) FLSA exemptions to apply. Of course, those rules were struck down by a federal judge, and never did take effect.  Subsequently, the Trump DOL proposed their version of the rule to increase the EAP…
On December 3, 2019 the Financial Crimes Enforcement Network (FinCEN) updated previous guidance regarding Suspicious Activity Reports (SARs). Previously banks handling transactions for hemp growers were required to file SARs on all transactions from growers of hemp. Now, in the wake of hemp’s removal from the list of Schedule I drugs under the federal Controlled Substances Act and USDA rules regulating the growing of hemp SARs will no longer need to be filed on hemp…
On December 3, 2019 the Financial Crimes Enforcement Network (FinCEN) updated previous guidance regarding Suspicious Activity Reports (SARs). Previously banks handling transactions for hemp growers were required to file SARs on all transactions from growers of hemp. Now, in the wake of hemp’s removal from the list of Schedule I drugs under the federal Controlled Substances Act and USDA rules regulating the growing of hemp SARs will no longer need to be filed on hemp…
On December 3, 2019 the Financial Crimes Enforcement Network (FinCEN) updated previous guidance regarding Suspicious Activity Reports (SARs). Previously banks handling transactions for hemp growers were required to file SARs on all transactions from growers of hemp. Now, in the wake of hemp’s removal from the list of Schedule I drugs under the federal Controlled Substances Act and USDA rules regulating the growing of hemp SARs will no longer need to be filed on hemp…