With a potential legalization bill at hand, prospective entrepreneurs can take steps now to prepare.

In this alert, Matt Lee and Marissa Kingman analyze the new IRS regime that replaces the immensely successful Offshore Voluntary Disclosure Program. The new procedures replicate the OVDP in many ways, but are also significantly different, particularly the new civil penalty framework.

Companies that are getting acclimated to the European Union’s General Data Protection Regulation (GDPR) have a new and just as significant compliance challenge to confront: The California Consumer Privacy Act. Signed into law in June, the California Consumer Privacy Act will change the way companies both inside and outside the state manage consumers’ personal data by […]

A year in the making, FINRA announced in late July 2018, that it had completed the reorganization of its enforcement program.  See the FINRA website.  Coupled with the consolidation was the creation of 2 new units: the Office of the Counsel to the Head of Enforcement and the Investigations Unit.

Fox Rothschild Partner Matthew D. Lee recently authored an updated version of the Foreign Account Tax Compliance Act Answer Book, published by Practising Law Institute. Lee’s book provides a detailed analysis of the international tax compliance regime imposed by the Foreign Account Tax Compliance Act and its impact on foreign financial institutions, withholding agents and […]