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MagStone News
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The addition of software specifically designed for the automated analysis of geospatial imagery to the Export Control Classification Number (ECCN) 0Y521 series.
September 24, 2024 On January 6, 2020, the interim final rule issued by the Bureau of Industry and Security (BIS) took effect. This rule amends the Export Administration Regulations (EAR) to subject specific items -
The U.S. Department of Commerce's Bureau of Industry and Security Issues Final Rule Expanding Export Restrictions on Military End-Users in China.
September 24, 2024 On April 28, 2020, the Bureau of Industry and Security (BIS) under the U.S. Department of Commerce issued a final rule that expands restrictions on exports, re-exports, and transfers (in-country) of products -
IRS Releases Proposed Regulations on Foreign Investment in Opportunity Zone Funds
September 24, 2024 On April 12, 2021, the U.S. Internal Revenue Service ("IRS") issued proposed regulations ("Proposed Regulations") outlining the conditions that certain foreign taxpayers must meet to obtain tax benefits and reduce or eliminate -
U.S. Circuit Court of Appeals Overturns SEC's New Rules Targeting Private Funds
September 24, 2024 On June 5, 2024, the U.S. Court of Appeals for the Fifth Circuit ruled to overturn the U.S. Securities and Exchange Commission's ("SEC") new rules ("the Rules") targeting private fund advisers. -
New York State Imposes New Registration and Examination Requirements for Certain Investment Adviser-Related Individuals and Intermediaries
September 24, 2024 Effective February 1, 2021, amendments to the New York Investment Advisers Act ("Amendments") require certain individuals associated with investment advisers to meet new registration and examination requirements. -
California Court Rules Assembly Bill 979 Unconstitutional
September 24, 2024 On April 1, 2022, the Los Angeles County Superior Court in California ruled in Robin Crest, et al. v. Alex Padilla ("Crest Case") that Assembly Bill 979 (signed into law on September 30, 2020) violates the Equal Protection Clause of the
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