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Investment Adviser Marketing
The adoption of the 2020 edition of the Global Investment Performance Standards and amendments to the Security and Exchange Commission’s Advertising Rule will have a significant impact on the marketing activities of global asset managers in the coming years. K&L Gates will update this Resource Center on an ongoing basis to help our clients assess their current and future obligations under GIPS, the Advertising Rule, and global market practices.
Thought Leadership
The U.S. Equal Employment Opportunity Commission announced last Friday that it was withdrawing two proposed rules regarding the incentives employers can provide their employees as part of a wellness program without violating the Americans with Disabilities Act or Genetic Information Nondiscrimination Act
In late July 2020 the New South Wales Government announced it would provide duty and land tax incentives for qualifying "build-to-rent projects". Qualifying projects must meet conditions set out in the Treasurer's Guidelines. Those Guidelines were first published on 12 February 2021.
The impact of COVID-19 on the health care industry can hardly be overstated. Numerous important employment law developments occurred in 2020 related to COVID-19 that impacted the industry, including guidance on mandatory vaccination, COVID-19 whistleblower claims, and claims from individuals exposed to COVID-19 against employers of employee family members.
On 22 December 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments (the final rule) to Rule 206(4)-1 under the Investment Advisers Act of 1940 (the Advisers Act) to modernize the regulation of investment adviser advertising and solicitation practices.