SEC Expands the Definition of Accredited Investor

SEC rules governing accredited investors are designed to protect individual investors from risks that could result from the lack of regulatory oversight associated with unregistered private securities offerings. By expanding the definition of “accredited investor,” the SEC has provided more investors with the opportunity to access alternative investments and given companies, private-equity firms, and hedge funds access to a larger pool of investors.

SEC Adopts Amendments to Regulation S-K Items 101, 103, and 105

Under the rule amendments, the SEC significantly revised public company business disclosure rules for the first time in more than 30 years. The amendments were crafted from a proposed rule released in August 2019 that was part of a comprehensive review by the SEC of the disclosure requirements per a study mandated by the JOBS Act.

10-Q&A Episode 3: Interview of Professor Jon Smollen, Executive Director of the Temple Law Center for Compliance and Ethics

Andrew LeDonne (LAW ’21) interviews Jon Smollen, Director of the Temple Law Center for Compliance and Ethics

Andrew Ledonne (LAW ’21)

Jon Smollen
Practice Professor of Law, Executive Director
Center for Compliance and Ethics
Temple University Beasley School of Law

Senate Bill Looks to Boost Electric Grid Cybersecurity


The Senate Energy Committee recently passed the Protecting Resources On The Electric Grid with Cybersecurity Technology Act (the “PROTECT Act”). As a result of the PROTECT Act, electric utility companies will receive incentives from the federal government to boost their cybersecurity technology. Temple Law alum Alan M. Seltzer (LAW ’78) provides some context for the passage of the PROTECT Act.

Pennsylvania Federal Court Holds Insurer Can’t Use Insured’s Admission to Withdraw Defense

It has long been the rule, under Pennsylvania law, that an insurer’s duty to defend is determined “solely” by the allegations in the “four corners” of the complaint against the insured. Kvaerner Metals Div. of Kvaerner U.S., Inc. v. Commercial Union Ins. Co., 908 A.2d 888, 896 (Pa. 2006). A corollary of that rule —

Temple Law’s Center for Compliance and Ethics Holds Roundtable Event Featuring Senior SEC Officials

O Pictured Above: (Left to Right) Kevin Dill, GC and CCO at Tabula Rasa Healthcare; Stephanie Avakian, Co-Director, Division of Enforcement, SEC; Jeff Boujoukos LAW ’92, Regional Director of the SEC Philadelphia On Tuesday, October 29, 2019, Temple Law’s Center for Compliance and Ethics held a roundtable event featuring Stephanie Avakian (LAW ’95), Co-Director of