New Jersey News
- SEC Adopts Amendments to Modernize Internet Investment Adviser Registration Exemption
April 16, 2024
Background On March 27, 2024, the Securities and Exchange Commission adopted amendments to modernize the rule for internet investment advisers relying on the exemption that qualifies them for SEC registration as smaller investment advisers. Investment advisers generally need to meet the assets under management threshold, advise a registered investment company, or qualify for an exemption to ...
- Five Investment Advisers Charged by SEC for Marketing Rule Violations
April 16, 2024
On April 12, 2024, the Securities and Exchange Commission announced settled charges against five registered investment advisers for violations of the Marketing Rule. The firms have agreed to settle and pay a combined $200,000 in penalties, as well as cease and desist from violating the charged provisions, and to implement corrective actions to their compliance ...
- 99 Cents Only Is Not Enough to Avoid Chapter 11 Bankruptcy
April 8, 2024
Number Holdings, Inc. the parent company of 99 Cents Only Stores LLC (“99 Cents” or the “Company”), an extreme value retail store operator, along with several affiliates, filed for Chapter 11 bankruptcy protection in the District of Delaware Bankruptcy Court, docket #24-10719 (JKS) on April 8, 2024. The Company is headquartered in Tustin, California and operates ...
Pennsylvania News
- SEC Adopts Amendments to Modernize Internet Investment Adviser Registration Exemption
April 16, 2024
Background On March 27, 2024, the Securities and Exchange Commission adopted amendments to modernize the rule for internet investment advisers relying on the exemption that qualifies them for SEC registration as smaller investment advisers. Investment advisers generally need to meet the assets under management threshold, advise a registered investment company, or qualify for an exemption to ...
- Five Investment Advisers Charged by SEC for Marketing Rule Violations
April 16, 2024
On April 12, 2024, the Securities and Exchange Commission announced settled charges against five registered investment advisers for violations of the Marketing Rule. The firms have agreed to settle and pay a combined $200,000 in penalties, as well as cease and desist from violating the charged provisions, and to implement corrective actions to their compliance ...
- 99 Cents Only Is Not Enough to Avoid Chapter 11 Bankruptcy
April 8, 2024
Number Holdings, Inc. the parent company of 99 Cents Only Stores LLC (“99 Cents” or the “Company”), an extreme value retail store operator, along with several affiliates, filed for Chapter 11 bankruptcy protection in the District of Delaware Bankruptcy Court, docket #24-10719 (JKS) on April 8, 2024. The Company is headquartered in Tustin, California and operates ...
Personal Injury News
- SEC Adopts Amendments to Modernize Internet Investment Adviser Registration Exemption
April 16, 2024
Background On March 27, 2024, the Securities and Exchange Commission adopted amendments to modernize the rule for internet investment advisers relying on the exemption that qualifies them for SEC registration as smaller investment advisers. Investment advisers generally need to meet the assets under management threshold, advise a registered investment company, or qualify for an exemption to ...
- Five Investment Advisers Charged by SEC for Marketing Rule Violations
April 16, 2024
On April 12, 2024, the Securities and Exchange Commission announced settled charges against five registered investment advisers for violations of the Marketing Rule. The firms have agreed to settle and pay a combined $200,000 in penalties, as well as cease and desist from violating the charged provisions, and to implement corrective actions to their compliance ...
- 99 Cents Only Is Not Enough to Avoid Chapter 11 Bankruptcy
April 8, 2024
Number Holdings, Inc. the parent company of 99 Cents Only Stores LLC (“99 Cents” or the “Company”), an extreme value retail store operator, along with several affiliates, filed for Chapter 11 bankruptcy protection in the District of Delaware Bankruptcy Court, docket #24-10719 (JKS) on April 8, 2024. The Company is headquartered in Tustin, California and operates ...
