Public companies now must disclose certain information regarding material cybersecurity incidents and the company’s cybersecurity risk management, strategy, and governance, under a Final Rule adopted by the Securities and Exchange Commission (SEC) on July 26, 2023.
The Final Rule ...
In November 2022, Governor Phil Murphy approved significant amendments to New Jersey’s Unemployment Compensation Law (“UCL”). The amended law can be found here. These changes will become effective on July 31, 2023.
The law has required an employer to complete and provide a separated ...
USCIS Announced Plan to Bolster the H-1B Registration Process to Reduce the Possibility of Misuse and Fraud in the System
As we reported in a previous newsletter, in the FY2024 H-1B registration, United States Citizenship and Immigration Services (USCIS) received 758,994 eligible H-1B ...
The 21st century presented a multitude of changes in how people work, live, and interact with their environments. The most notable of these changes has been the rise of remote working culture, which was accelerated by the COVID-19 pandemic. While the transition has been beneficial for many ...
By voting to adopt the latest version of the AI Act, EU lawmakers have ratified strict regulations governing how companies may use the most recent advances in generative artificial intelligence (AI) models. Considered stricter than the United States’ and the United Kingdom’s AI regulations, the latest version of the EU’s AI Act also widens the purview of the restrictions it imposes on “high-risk AI systems” described in Title III of the proposed Act.
New York City Assemblyman Edward C. Braunstein (D-Bayside) is sponsoring legislation intended to help middle-class co-op and condo owners comply with Local Law 97, which—starting in 2024—sets carbon emissions caps on buildings over 25,000 square feet. Assemblyman Braunstein’s ...
On June 28, 2023, a proposed settlement for close to $393 million was announced between Solvay and the State of New Jersey as part of the State’s effort to remediate the PFAs, “forever chemical” contamination. PFAs have been found to impact groundwater, including drinking water, and ...
Department of State Posts a Disappointing July 2023 Visa Bulletin
The July 2023 Visa Bulletin posted by the Department of State (DOS) includes backlogs in the Employment-Based Preference Categories (EB-1, EB-2, and EB-3). For Indian nationals in EB-3 category, the July Visa Bulletin ...
Record Demand in FY2024 H-1B Lottery Filings Leads to Fraud Investigation
The United States Citizenship and Immigration Services (USCIS) announced that for FY2024, it received 758,994 eligible H-1B registrations, up dramatically from last year’s 474,421 registrations. Of the FY2024 ...
The United States Supreme Court has issued a ruling clarifying which wetlands can be regulated by the federal government under the Clean Water Act. In a 5-4 vote, SCOTUS ruled that wetlands can only be regulated under the Clean Water Act if they have a "continuous surface connection" to a larger, regulated body of water such as a river, lake, or ocean.