SEC Adds Knowledgeable Issuer Employees to List of Accredited Investors in Private Placements

Starting in December individuals may be accredited based upon their credentials, and issuer employees may be accredited based upon their "knowledge." However, there is no bright-line test to determine which employees are sufficiently knowledgeable to be accredited investors.

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Diaper Changing Tables Now Required

Maryland now requires diaper changing tables in public restrooms in government buildings. Although the new law isn't applicable to commercial real estate owners and private businesses, they, too, should install diaper changing tables in both men’s and women’s restrooms at their properties.

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Fair Housing Act Prohibits LGBTQ Discrimination

The U.S. Supreme Court’s decision in Bostock v. Clayton County, Georgia doesn’t only apply to employment relationships. The decision also clarifies that the Fair Housing Act prohibits discrimination based upon sexual orientation or gender identity.

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