Recently, the Richmond Times Dispatch wrote about the Virginia Smoke Free Association’s plan to oppose a bill that will be presented during the General Assembly session that was set to begin on January 13, 2016. The bill, introduced by Sen. John C. Miller, D-Newport News aims to prohibit “vaping”, the use of electronic cigarettes, in restaurants in Virginia.

Stephen E. Baril, was elected to serve as Chairman of the College Board for J. Sargeant Reynolds Community College on July 1, 2015. He will serve a two-year term. Steve is one of five board members appointed by City Council to represent the City of Richmond.

RICHMOND, VA – Robert R. Kaplan Jr. is often asked by lawyers and business people alike if there is “really” a secondary market for Reg A securities, often with that same jaundiced eye you get from that grade schooler who is starting to build a healthy sense of cynicism and asks about the elf from the north. His answer is a lot like Church’s famous editorial in the New York Sun where he explained to Virginia that Saint Nick existed within all of us and in the spirit of the holiday for whom he is a central figure.

RICHMOND, VA – The U.S. Securities and Exchange Commission (SEC) announced the rules implementing Title IV of the JOBS Act, commonly known as Regulation A+, on March 25. These rules increase the amount a company can raise through a non-registered, public securities offering from $5 million to $50 million in a year. Reg A+ also allows securities to be sold in all 50 states without state pre-review, and permits non-accredited investors to buy in. In short, Reg A+ eliminates the barriers that have prevented smaller companies from accessing public capital and smaller investors from accessing alternative investments.

RICHMOND, VA – On March 25, 2015, the SEC promulgated its final rules related to the implementation of Title IV of the JOBS Act, better known “Reg. A+”. This represents a watershed event in the securities law, providing a workable means for issuers to engage in public offerings of securities that are EXEMPT from the registration requirements of Section 5 of the Securities Act of 1933. Already several misconceptions of the new law are out in the market. Let’s look at some of these and dispel them in turn.

RICHMOND, VA – On March 25, 2015, the Securities and Exchange Commission (“SEC”) held an open meeting to vote on adoption of rules and forms related to the offer and sale of securities pursuant to Section 3(b) of the Securities Act of 1933 to implement Section 401 of the Jumpstart Our Business Startups Act, otherwise known as “Regulation A+”.