Interpreting the Startup Visa Act

On March 14, 2011, Senators John Kerry and Richard Lugar introduced a bill titled the Startup Visa Act of 2011, which is an updated version of a 2010 bill.  If passed, the act would provide temporary work visas to various kinds of foreign workers if certain financial benchmarks are met. 1.       For foreign entrepreneurs: (a) a…

Dodd-Frank 30 Day Countdown: Day 24

The Status of Regulation in the European Union With Dodd-Frank taking effect in less than a month, officials on both sides of the Atlantic have been pressuring one another to implement stricter financial regulations, while equivocating on the regulations that they are willing to accept at home.  Michel Barnier, European Commissioner for Internal Market and…