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BurgherGray Receives JPMorganChase’s External Joan Guggenheimer Global Law Firm Diversity Award
BurgherGray LLP is incredibly proud to announce that we have been awarded the Joan Guggenheimer Global Law Firm Diversity Award by JPMorganChase! The award, which recognizes our efforts to promote diversity, equity and inclusion within our firm and the broader legal...
Gopal Burgher named co-chair of National Bar Association’s Corporate Counsel Leadership Summit
BurgherGray managing partner Gopal Burgher has been named a co-chair of National Bar Association's 16th Annual Corporate Counsel Leadership Summit, which will be held on July 15, 2024 in Las Vegas, Nevada. 1350 Broadway | Suite 1510New York, NY 10018T: 646.513.3231...
The New Frontier of Consumer Protection Law | Utah Targets Use of Generative AI
On March 13, 2024, Utah passed a groundbreaking law—the Utah Artificial Intelligence Policy Act (“UAIP”)—that imposes new disclosure obligations on businesses utilizing generative AI. This includes mandatory disclosures when interacting with customers, but that’s not...
Gregory M. Weston joins BurgherGray as Partner
NEW YORK — BurgherGray LLP is pleased to announce that Gregory M. Weston has joined the firm as a Partner. Greg brings an exceptional pedigree and a wealth of experience, which will significantly enhance the firm’s offerings in various core practice areas. With a...
Shoring Up the Financial Crime Monitoring Ecosystem: How the Corporate Transparency Act Affects Ownership Disclosure for Domestic and International Companies
The Corporate Transparency Act (the “CTA”) went into effect on January 1, 2024, and requires “reporting companies” in the United States to disclose certain types of information about their “beneficial owners” (“BOI Report(s)”) to the Treasury Department’s Financial...
FinCEN expands AML/CTF program requirements to cover exempt reporting advisors
On February 13, 2024, the Financial Crimes Enforcement Network (“FinCEN”) of the U.S. Treasury took a decisive step toward expanding the compliance obligations of certain types of investment advisers. By withdrawing its 2015 proposal and introducing a new set of...
Open Banking Unleashed: Navigating the New Era of Open Banking and Consumer Data Rights
We wish to inform you about a significant regulatory development that could reshape the fintech landscape. The Consumer Financial Protection Bureau (“CFPB”) recently proposed the Personal Financial Data Rights (the “Proposed Rule”) rule with the intention of making...
BurgherGray Year In Review
As we start the new year, it’s an opportune moment to look back on the rollercoaster year that was 2023. This year, globally, we’ve witnessed a mosaic of domestic and global challenges that have fueled economic, legal, social, and political uncertainties for many,...
Brian Idehen promoted to Partner in New York office
BurgherGray is thrilled to announce the promotion of Brian Idehen to Partner, effective January 1, 2024. This marks a significant milestone in the firm’s history as Brian becomes the first homegrown partner, showcasing the firm’s dedication to nurturing and...
Opportunity or Burden: Understanding the SEC’s Proposed Rules regulating AI & other new technologies by broker-dealers & investment advisers
The Securities and Exchange Commission (“SEC”) recently proposed new rules (“Proposed Rules”) under the Securities and Exchange Act of 1934 (“Exchange Act”) and the Investment Advisers Act of 1940 (“Advisers Act’) designed to address the potential for artificial...
Legal Insights
SEC provides conditional relief in crowdfunding offerings to small companies affected by COVID-19
SEC provides conditional relief in crowdfunding offerings to small companies affected by COVID-19May 27, 2020 Jephte LanthiaOn Monday, May 4, 2020, the U.S. Securities and Exchange Commission (SEC) issued additional temporary relief to address urgent funding...
COVID-19 Business Relief Programs: Main Street Lending Program
COVID-19 Business Relief: Main Street Lending ProgramMay 11, 2020 Gopal Burgher Lisa Brice Shubhra Sharma In response to the COVID-19 pandemic and pursuant to Section 4003 of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), the federal...
DASNY and ESD are now empowered to incur revolving credit facilities to offset New York State’s cash-flow shortfalls
DASNY and ESD are now empowered to incur revolving credit facilities to offset New York State's cash-flow shortfalls April 26, 2020Included in a New York State budget bill enacted in early April as Chapter 56 of the Laws of 2020, are provisions authorizing Dormitory...
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