As signed into law, Section 603 of the SECURE 2.0 Act of 2022 (“SECURE 2.0”) required that effective as of January 1, 2024, participants in 401(k) plans, 403(b) plans, or governmental 457(b) plans, who were age 50 or older and
Stinson LLP
Stinson LLP is a law firm that provides legal services across a range of practice areas. The firm publishes blogs and insights focusing on topics such as retirement plan regulations, financial restructuring, securities law, arbitration provisions, and regulatory developments affecting businesses and financial institutions. Their content often addresses compliance, risk management, and legislative updates relevant to corporate clients, plan sponsors, and financial service providers. Stinson LLP also highlights legal issues related to digital assets, tax law, and litigation risks, reflecting their engagement with evolving legal and regulatory environments. The firm emphasizes practical legal guidance tailored to client needs and industry trends.
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https://stinson.com
Latest from Stinson LLP - Page 13
August 15, 2023 Issue – Representation of Another Law Firm
Q: Dear Ethics Lawyer, I have a good friend who is a lawyer at a small firm. Unfortunately, she recently has become the subject of a malpractice claim by a former client. She’s told me a little about it, and…
August 1, 2023 Issue – Lawyer Settlement of Client Claim
Q: Dear Ethics Lawyer, A well-meaning but less competent friend of mine discovered that he has blown a statute of limitations for a client who happens to be his good friend. He feels terrible about this, and wants to make…
SEC Adopts Rules on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure by Public Companies
The SEC adopted final rules requiring registrants to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy, and governance.
Form 8-K Item 1.05 – Material Cybersecurity Incidents
Required…
July 18, 2023 Issue – Joint Representation of Corporate Constituents
Q: Dear Ethics Lawyer, I am in-house counsel for a corporation dealing primarily with Mr. P, who is president and a substantial shareholder. Mr. P has asked me to prepare a legal analysis that would lay out the tax ramifications…
July 3, 2023 Issue – Third-Party Witnesses
Q: Dear Ethics Lawyer, I represent a client in litigation during discovery. May I tell an unrepresented third-party witness that they are not obligated to speak to opposing counsel about the matter? May I ask our client to reach out…
June 15, 2023 Issue – Conflicts Adversity to Client Who Left with Departing Lawyer
Q: Dear Ethics Lawyer, I am a lawyer with a small firm. Recently, one of our partners (Betty) left the firm to join another firm, and Betty took with her a significant client that she had brought to the firm.…
June 1, 2023 Issue – Generative AI Tools
Q: Dear Ethics Lawyer, Seemingly out of nowhere, the world is abuzz about ChatGPT and other generative AI tools capable of nearly instantaneous creation of writings that address complex questions, including briefs, memos and other legal documents. Depending upon who…
May 15, 2023 Issue – Drafting Document for Adverse Party to Use
Q: Dear Ethics Lawyer, I am an attorney for a company desiring to complete a relatively small real estate transaction with an individual to facilitate a larger development. In order to complete the transaction, the individual needs to document an…
SEC Adopts Final Amendments Related to Share Repurchases
The SEC has adopted final amendments requiring disclosures related to issuers’ share repurchases. The amendments will require domestic issuers to:
- Disclose daily repurchase activity quarterly;
- Check a box indicating if certain directors or officers traded in the relevant securities within
…