I always thought they did. But on Friday I read this sentence: “An investment advisor-client relationship is not a de jure fiduciary relationship.”
The market for venture backed IPOs in the U.S. in the first quarter of 2015 was the weakest in two years, both in terms of number of deals and aggregate proceeds, according to pre-IPO institutional research firm Renaissance Capital, as well as a separate exit poll report by Thomson Reuters and the National Venture Capital Association.
Monday Morning Regulatory Review: Fracking Rule Stayed; Gainful Employment Passing Grade; & ACUS Recommendation
Aside from the United States Supreme Court (SCOTUS)’s end of Term fireworks (covered previously and later today), a few highlights in regulatory practice from the last week included a stay of the Department of the Interior (DOI)’s hydraulic fracturing rule for federal and Indian lands and summary judgment in favor of the Department of Education (ED) regarding part of its efforts to reign in for-profit colleges.
On June 26, 2015, the Supreme Court decided in a 5-4 decision that same-sex couples nationwide have a constitutional right to marry.
The federal government monopolizes almost all meaningful marijuana research.
A near disaster unfolded early this morning when the Celestyal Crystal, a cruise ship operated by Celestyal Cruises, collided with the STI Pimlico fuel tanker, according to the Turkish publication, SeaNews.
At least some good has come out of the Supreme Court’s finding that President Obama’s recess appointments were invalid in Noel Canning.
In reflection on the historic June 26, 2015, where gay and lesbians won the right to marry whomever they wish in all 50 states including Texas, I am filled with happiness and sadness at the same time.
Businesses that have employees on standby waiting to be called for work must review whether this on-call time needs to be paid time.