Rimon

Cayman Islands Update 2018-2019

Insight March 15, 2019

During 2018 a number of significant changes to the Cayman Islands regulatory regime occurred. As a result, fund vehicles now have significantly increased obligations as regards obligations in relation to Anti-Money Laundering (“AML”) including appointing compliance officers and potentially making additional filings. Further, the deadline for compliance with the regime relating to the disclosure of […]

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Privacy and Data Security for Private Fund Managers

Insight John Isaza John Isaza · March 15, 2019

The California Consumer Privacy Act (the “CCPA”) was enacted in 2018 and becomes effective January 1, 2020. The CCPA gives consumers in California four basic privacy rights including: To know what personal information a business has about them, and from where (categorized) that personal information came or was sent; To request deletion of personal information […]

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Registered Investment Adviser Compliance Update

Insight Mark Diamond Mark Diamond · Benjamin L. Douglas Benjamin L. Douglas · Geoffrey Perusse Geoffrey Perusse · March 15, 2019

The SEC’s Division of Enforcement has indicated that one of its focuses for 2018 was on retail investors. This focus has translated into increasing number of cases involving investment advisers. According to the Enforcement Division’s recently published reports, cases involving investment advisers and investment companies were the second largest group of actions in the last […]

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Update on Department of Labor Fiduciary Rule and Regulatory Relief for Smaller VC Funds

Insight March 15, 2019

On March 15, 2018, the Fifth Circuit Court of Appeals vacated the Department of Labor’s (“DOL’s”) Fiduciary Rule, holding in a 2-1 decision that the DOL exceeded its regulatory authority in passing the rule. The decision struck down the new fiduciary advice definition and denied the attorneys-general of California, New York, and Oregon, as well […]

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Rimon Partner Mark Lee’s article “The European Union’s New Copyright Directive” published in the Daily Journal

Insight Mark S. Lee Mark S. Lee · March 01, 2019
Information wants to be free, but intellectual property wants to be protected. The tension between this durable cliché and fundamental principle has informed much of the political and legal debate surrounding the commercial rise of the internet over the past 25 years. This debate is presently centered in Europe, where the European Union

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Rimon Partner and SCCBA President, Gabriel Gregg, Lauds Rimon’s “Ingenious” Model in Presidential Messages

Insight Gabriel Gregg Gabriel Gregg · February 06, 2019
Gabriel Gregg is the 2019 President of the Santa Clara County Bar Association. In his first two President’s Messages, and in his Presidential Installation speech, Mr. Gregg drew attention to the freeing power of modern legal tools and law firm models, and notably referenced Rimon as “ingenious” and as a “leader in law firm

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SAFEs 2.0: YCombinator Updates the Form

Insight Dror Futter Dror Futter · December 09, 2018
In late 2013, seed accelerator Y Combinator introduced the SAFE (simple agreement for future equity) – a convertible instrument designed to make seed stage investing quicker and less expensive. Rimon Law's FinTech Partner, Dror Futter, highlights changes to the SAFE made by Y Combinator this fall in a crowfunderinsider.com

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Rimon’s Stephen Trachtenberg and “The Importance of Mentorships in Higher Education”

Insight Stephen Joel Trachtenberg Stephen Joel Trachtenberg · December 07, 2018
President Emeritus and University Professor of Public Service at The George Washington University and Rimon Partner, Stephen Joel Trachtenberg, earns recognition as a particularly effective mentor in an article discussing how adequate mentorship is crucial for aspiring candidates to acquire the necessary experience doing the job to which they aim.

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Rimon’s Joe Rosenbaum for Thomson Reuters, Practical Law: “Complying with New York Sweepstakes Law”

Insight Joseph I. (“Joe”) Rosenbaum Joseph I. (“Joe”) Rosenbaum · December 07, 2018
Joe Rosenbaum provides insights as contributing editor to a Practice Note from Practical Law. The piece discusses the key legal issues to consider when planning and advertising a sweepstakes or game of chance in New York. It covers the difference between contests and sweepstakes as well as free alternative method of entry (AMOE), official rules,

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Universities and Endowments Partner, Stephen Trachtenberg, for UK Times Higher Education: “Let the nibblers gorge themselves”

Insight Stephen Joel Trachtenberg Stephen Joel Trachtenberg · December 06, 2018
In this article published in UK Times Higher Education, Rimon’s Stephen Trachtenberg provides a very insightful evaluation of students’ current learning dynamics and how colleges should change their education parameters in order to provide more flexible, accessible, and efficient ways for students to find their career paths. Click here

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