Below you'll find a list of all posts that have been categorized as “Regulatory Law”
Before 1986, a major cause of fatal accidents on American roads was unqualified vehicle operators. At the time, several of the drivers were able to escape liability for irresponsible driving since they held multiple driver’s licenses issued by different states. The Commercial Motor Vehicle Safety Act of 1986 was passed for this very reason. It established a nationwide system that …
The findings of a 2022 crime report compiled by Chainalysis indicate that investors lost more than $14 billion worth of cryptocurrency in 2021. That’s almost double the amount that scammers stole in the year before. No one ever believes they can fall for a scam—until they do. Fraudsters often aim to gain victims’ personal information by working various angles ranging …
Crypto tokens are considered tradable assets. A single token can act as a unit that denominates a particular cryptocurrency. It can also represent other valuable items. With that in mind, the question then becomes whether these crypto-assets fall in the realm of securities. If so, would they be subject to the same laws and regulations that govern securities? If not, …
With the launch of Bitcoin in 2009, cryptocurrency crossed over from being nothing more than an academic idea to becoming a (virtual) reality. Since then, there has been an explosion in the number of different cryptocurrencies on the market and, with it, an ever-growing need for certainty over their legal implications. Central banks, tax agencies, and regulatory authorities in the …
If you live in Washington, Vermont, New York, Minnesota, or Michigan and have plans to visit family members or go on vacation, you might have to rethink your mode of travel. Most of these states have imposed deadlines requiring all state citizens to obtain enhanced driver’s licenses or real IDs if they plan to travel by air. What is an …
If you’re a gun owner, you’re likely familiar with all the benefits that come with setting up a gun trust. These are special kinds of trusts designed to hold ownership of firearms. They are subject to strict state and federal oversight and can include other types of weapons. To learn more about what a gun trust actually is, you can …
In a May 2021 press release, the US Treasury Department announced that it had put in place various measures to crack down on fraudulent cryptocurrency transactions. It stated that it would now require individuals or business entities transferring $10,000 or more worth of crypto assets to report those transactions to the Internal Revenue Service (IRS). According to the US Treasury, …
The coronavirus pandemic has had an undeniable impact on almost every facet of life, both in the country and around the globe. The good news is – things are changing for the better, with the COVID-19 vaccine promising to restore some semblance of normalcy in everyday life. As great as that prospect may be, many people are still skeptical about …
ERCOT has come under fire in recent months for the mass power outage experienced in several parts of Texas earlier in the year. According to the grid operator, this widespread outage was attributed to a surge in demand for electricity that resulted from the extreme weather conditions witnessed in the weeks leading up to the blackouts. What is ERCOT, and …
They say everything’s bigger in Texas – and with good reason. The Lone Star state is the second-largest in the country after Alaska, and with a resident population of roughly 29 million, it also happens to be the second most populous state in the nation. Boasting a GDP of $1.7 trillion, Texas has one of the most advanced economies in …
