Venable attorneys produce periodic alerts and newsletters covering a variety of topics and practice areas. For your convenience, we have assembled below a collection of the latest alerts and newsletters from June 2016.
ACG New York Honors Venable with Technology Deal of the Year Award for Its Role in PlentyOfFish Sale
The Association for Corporate Growth (ACG) New York, the largest association of middle-market deal-making and corporate professionals in the city, and The M&A Advisor recently announced their 6th Annual Champions Award winners. Among this year's honorees was Venable LLP, which received the Technology Deal of the Year Award for its role in last year's sale of popular online dating site PlentyOfFish Media, Inc. to the Match Group.
Small-Dollar Loan Proposed Rule FAQs
The Consumer Financial Protection Bureau (the Bureau or CFPB) released its Notice of Proposed Rulemaking that would regulate small-dollar lenders on the federal level and subject them to strict requirements that when finalized would require many lenders and their service providers to fundamentally alter their business models. The highly anticipated proposed rule spans over 1,300 pages, and this article provides answers to several frequently asked questions.
The UK Referendum: What Will Be the Impact on U.S. Businesses?
The result of the UK referendum on EU membership has been confirmed, and the electorate has voted to leave the EU. We would like to talk to you about the effect this could have on U.S. businesses, so that you can minimize the negative impact of what is likely to be a prolonged period of uncertainty.
Continued Pressure for Transparency and Accountability in the Payments Industry
As we approach the midpoint of 2016, two of the most pressing matters in the payments industry have become more acute—the push for greater transparency and accountability in merchant acquiring and processing. From the Jeremy Johnson verdict to the Panama Papers, and now with the proposed "beneficial ownership" rule, regulators are pressing banks, payment processors, and independent sales organizations (ISOs) to both "know your customer" and take steps to limit the use of legitimate financial services for illicit purposes. Although the furor over Operation Chokepoint may have died down, the underlying concerns remain an important focus of financial regulators.