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February 4, 2013
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Legal News in Brief

  Corporate Spotlight 
  • FINRA wants easier background checks on advisers and brokerages
    The Financial Industry Regulatory Authority proposed a rule to make it easier for investors to investigate the background of financial advisers and brokerages. The rule would require websites of companies regulated by FINRA to link to the agency's online database BrokerCheck. Reuters (2/1) LinkedInFacebookTwitterEmail this Story
  • FCC plan of free Wi-Fi pits tech firms against telecoms
    The Federal Communications Commission's proposal for a system of public Wi-Fi networks offering free telephone calls and Internet service across the U.S. has triggered fierce backlash from the wireless industry, which is trying to persuade the regulator to reconsider the plan, analysts said. Google, Microsoft and other high-tech firms back free-for-all Wi-Fi, saying it would stimulate creation of services that would benefit all Americans, particularly those with modest income. The Washington Post (2/3) LinkedInFacebookTwitterEmail this Story
  National News 
  Legislative Dispatch 
  • Lawmakers-turned-lobbyists would face new restrictions under bills
    Rep. Bill Posey, R-Fla., has reintroduced two pieces of legislation that would create stricter regulations for former members of Congress who want to pursue lobbying careers. The bills would extend the time that former staffers and lawmakers must wait to become lobbyists and would exclude them from the federal retirement system after they do so. The Blog of Legal Times (1/31) LinkedInFacebookTwitterEmail this Story
  Employment Focus 
  • Bill seeks to protect salary discussions
    A bill in Congress would prohibit companies from punishing workers for discussing their salaries. The bill is intended to empower women to ask about their male colleagues' salaries, says Sen. Barbara Mikulski, D-Md., who introduced the bill along with Rep. Rosa DeLauro, D-Conn. The Huffington Post (1/31) LinkedInFacebookTwitterEmail this Story
  • Wage growth remains sluggish, data indicate
    The government's Employment Cost Index, which looks at employees' wages and benefits, increased 1.9% last year and hasn't surpassed 2.5% since 2008. One reason wage growth has been weak is that health care spending has been increasing at a slower pace since the recession, Peter Coy writes. Bloomberg Businessweek (1/31) LinkedInFacebookTwitterEmail this Story
  Supreme Court and Federal Court Watch 
  • Insider-trading witness sentenced to a year in prison
    A woman who helped the government make an insider-trading case against a hedge fund manager has received a one-year prison sentence. The woman, Roomy Khan, provided information that eventually aided in the conviction of Galleon Group co-founder Raj Rajaratnam, but she also lied, according to the government. The Wall Street Journal (2/1) LinkedInFacebookTwitterEmail this Story
  Professional and Business Development 
  • 5 steps to ensure your career survives hard times
    Setting up an emergency fund, diversifying your skills and experience and strengthening your network are all ways to build a career "insurance policy," Alan Henry writes. You should also consider "finding ways to take some of your interest areas, hobbies, or passions that you may want to turn into careers someday and turning them into a second income stream," he writes. Lifehacker (1/30) LinkedInFacebookTwitterEmail this Story
  • How to make a good impression with a hiring manager
    As the job market improves, some ways to boost your chances of landing a position include having someone proofread your resume, omitting in an interview any "information about the drama of your personal life" and writing a follow-up thank you note, Melissa Cohen writes. BostInno (Boston) (1/31) LinkedInFacebookTwitterEmail this Story
  PLI News 
  • How to Write a Patent Application
    In a recent review, Gene Quinn says the treatise How to Write a Patent Application is a "must have" for patent attorneys, patent agents and law students alike. He calls it a "crucial hands-on resource that walks you through every aspect of preparing and filing a patent application, from working with an inventor to patent searches, preparing the patent application, drafting claims and more." Check out the full review on PLI's Patent Law Practice Center. LinkedInFacebookTwitterEmail this Story
  • American Taxpayer Relief Act of 2012: Permanency at Last?
    President Obama signed the American Taxpayer Relief Act of 2012 into law on Jan. 2, 2013. This Feb. 5 audio briefing will look at the major gift tax, estate tax and generation-skipping transfer tax provisions of the Act, as well as how the Act affects estate planning and the administration of decedents' estates in 2013 and thereafter. LinkedInFacebookTwitterEmail this Story
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