Some interesting legal reads for the week of June 9, 2014:
- A letter from 20 members of Congress expressing concern about the preemption of blue sky regulation of larger Regulation A offerings as proposed by the SEC. Such arguments from state regulators have always seemed like turf battles to me. I don’t really buy that the state regulators are somehow “closer” to the investment community.
- While we are talking about SEC proposals, here are the collected comments to the crowdfunding proposal.
- A New York Times article on the expansion of non-competes to a broad range of jobs.
- A Wall Street Journal post on a tightening of audit rules relating to related party transactions.