IRS's draft Form 1099-DA signals a shift in digital asset reporting. Effective 2025, 'brokers' must disclose transaction details. Congress broadening the definition expands impact. Despite resistance, IRS pushes for compliance.

More from Tim Wagner: bit.ly/3QO6a6J

Catch up on upcoming events, legislative news, and more in the latest Old North State Report, Nelson Mullins’ government relations newsletter, providing updates and analysis on chamber activity, meetings, and issues before the N.C. General Assembly.

bit.ly/4bjV8hy

Nelson Mullins has been ranked 9th out of 50 on Baltimore Business Journal's list of the largest law firms in Greater Baltimore. The firm opened its Baltimore office in 2018 with corporate and litigation attorneys, a move which grew the firm’s presence in the mid-Atlantic region of the US.

The EEOC's Final Rule implementing the Pregnant Workers Fairness Act (PWFA) takes effect on June 18, 2024. This Act ensures accommodations for pregnancy-related conditions. However, ongoing litigation may affect its implementation.

Read more: bit.ly/4dCbjbJ

The SC Court of Appeals decision in Grayson Dailey v. SC Home Holdings, LLC upheld a tax sale of property in Lexington. Although unpublished, it raises issues for investors' tax-lien portfolios.

Reach out for insights on how this might affect you: bit.ly/4bBhjQi

On April 24, the IRS issued final regulations on domestically controlled Real Estate Investment Trusts (REITs) under Section 897(h). The regulations introduce a narrower look-through rule for certain U.S. C corporations with over 50% foreign ownership. bit.ly/4aiATiX

The FTC and DOJ released updated guidelines, setting the stage for heightened scrutiny of mergers & acquisitions. Learn more from our partners in the latest Antitrust Alert: bit.ly/4bEYCLD

Join Nelson Mullins at American Health Law Association’s Annual Meeting in D.C., June 24–26, 2024. Trish Markus, AHLA President, will co-host the opening with CEO David Cade. Christine Burke Worthen will join a panel on hospital price transparency.

Learn more and RSVP: bit.ly/4dvKnKF

Nashville partner Robert Wade will speak on “Research Sponsor Financial Support for Trial Sites and Patient Participants” at the Higher Education & Healthcare Research Compliance Conference hosted by Health Care Compliance Association (HCCA)®, June 10–12 in New Orleans.

RSVP today: bit.ly/3wbuN65

In the latest Nelson Mullins Client Alert, partners Mitch Boyarsky, Robert Sheridan, Christopher Eby, and Matthew Brown break down the FTC’s New Non-Compete Rule and share insights on employers' frequently asked questions.

Read more: bit.ly/4dBKioU

Join Brad Rustin, chair of Nelson Mullins' Financial Services Regulatory Practice, at The Florida Bar 2024 Annual Convention, June 19 – 22 in Orlando. Brad will be a panelist discussing 'Feebusters: ‘Junk Fees’ in Consumer Transactions.'

Learn more and RSVP: bit.ly/4dAjfKm

Join us for the next installment of the FinTech University series, “FinTech and Securities Trading Platforms.” This one-hour session will examine what securities trading platforms are, what they are not, and how the FinTech industry utilizes them.

bit.ly/3UCoEIs

Catch the latest Old North State Report, Nelson Mullins’ government relations newsletter from partners George Teague and Andrew Heath, providing updates and analysis on chamber activity, meetings, and issues before the North Carolina General Assembly: bit.ly/3WxnCA4

Join Nelson Mullins in welcoming experienced litigators Robin Nunn & Jennifer Park to our team. Nunn focuses on complex litigation in D.C. & NY, while Park tackles securities & healthcare in Chicago.

Their expertise enriches our services as we expand: bit.ly/4b795zz

With Nelson Mullins' Phil Cooper, Michael Hollingsworth, & John Hayman, Flock Finance recapitalized with a $25M investment from Pennant Park.

The partnership boosts Flock's financing prowess, setting the stage for growth & innovation in consumer finance: prn.to/44vGbXk

Nelson Mullins healthcare partner Denise Gunter shares insights on FTC's new healthcare noncompete ban. In a @BloombergLaw article, she highlights potential challenges for nonprofit hospitals and the FTC's advocacy role in testing the rule.

Read more: bit.ly/3QyEUJ8

Attention California Employers!

Upcoming Compliance Deadlines:
May 8, 2024: Pay Data Reporting
July 1, 2024: Workplace Violence Prevention

Stay compliant, consult with partners Michelle W. Johnson and Peter John Veysey and other Nelson Mullins attorneys: bit.ly/4a8dsJo

California’s pay data reporting deadline is approaching on May 8. Any employer with 100 or more, with at least one worker in California must comply with the state’s updated reporting requirements. Please consult Nelson Mullins attorneys with any questions: bit.ly/3UL15P1

Banks are facing regulatory scrutiny over their partnerships with third parties, leading many to reassess and even sever ties. Elizabeth Donaldson, Brad Rustin, Lashania White and Marianna McDevitt offer valuable insights in Bank Director.

Read more: bit.ly/3UMpoMa

Fintech startups & investors are invited to join partner Arina Shulga at this year’s NY a16z Tech Week for “FinTech Investors and Founders: How to Find the Right Investor for Your FinTech Startup?”

Spaces are limited, request to join: lu.ma/1ky2ev9u

#NYTechWeek