In a settled enforcement action, the Securities and Exchange Commission (“SEC”) charged Shift4 Payments, Inc. (“Shift4”), a payment processing company based in Pennsylvania, with failing to disclose payments made to immediate family members of executive officers and directors as compensation.
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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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Latest from Stinson LLP - Page 8
SEC Announces Formation of New Crypto Task Force
By Ryan Collins
On January 21, 2025, SEC Acting Chairman Mark T. Uyeda launched a crypto task force charged with “developing a comprehensive and clear regulatory framework for crypto assets.”
The SEC acknowledged in the announcement that it “has relied primarily on enforcement…
January 15, 2025 Issue – Agreements Limiting Liability
Q: Dear Ethics Lawyer, Many of our vendors have a provision in their agreements limiting their liability related to their work to the amount of their fee, or to some other capped limit. Could we insert a similar provision in…
New Year Brings New Automatic Enrollment and Escalation Requirements for Some Recently Adopted 401(k) and 403(b) Plans
By Sam Butler & Audrey Fenske
The SECURE 2.0 Act of 2022 requires certain 401(k) and 403(b) plans to include automatic enrollment and escalation features for the first plan year beginning after December 31, 2024, meaning that for those plans with a calendar plan year, the…
January 2, 2025 Issue – Comparison Statements About Lawyer Service
Q: Dear Ethics Lawyer, If I truly believe it to be the case, can I properly tell a prospective client that I am confident that I will provide legal service as good or better than any other lawyer in my…
SEC Announces Settlement with Express, Inc. for Failure to Disclose CEO Perks
On December 17, 2024, the Securities and Exchange Commission (“SEC”) announced that it had settled charges against Ohio-based Express, Inc. (“Express”). The SEC ultimately found that Express violated Sections 13(a) and 14(a) of the Securities Exchange Act of 1934 and…
December 16, 2024 Issue – Multijurisdictional Litigation Practice
Q: Dear Ethics Lawyer, I am a lawyer admitted in a couple of Midwestern states, representing a client in a state where I am licensed that has a dispute with an opposing party in a state where I am not…
December 2, 2024 Issue – Ethical Obligations – ex parte Hearings
Q: Dear Ethics Lawyer, I filed suit for a client, among other things seeking interim relief in the form of a temporary restraining order. I gave notice to the defendant of an immediate hearing on the motion. They quickly engaged…
November 15, 2024 Issue – Choice of Law
Q: Dear Ethics Lawyer, You have been telling us for years that we have to check the version of the Model Rules in effect wherever we are admitted, or where a case or transaction is, where we are proposing to…
IRS Introduces Official Section 83(b) Election Form
By Mark Wilkins
On November 7, 2024, the IRS introduced Form 15620, a new standardized form for taxpayers opting to make a Section 83(b) election. Previously, taxpayers needed to send a letter to the IRS with the required information to make the…