BizTech Law Blog
On December 12, 2017 President Trump signed the National Defense Authorization Act. In part, the Act requires registration of all drones weighing more than .55 and up to 55 pounds, if you plan on flying them outside.
Influencer marketing on social media is a very big business. Here’s how it works: brands team up with individuals with large and engaged followings on social media platforms such as YouTube, Facebook and Instagram (i.e., “influencers”), and pay them to promote their products.
The United States Department of Labor (the "DOL") published a request for comment in the Federal Register on July 6 with respect to its often discussed fiduciary rule (the "Fiduciary Rule"). This time, the DOL hopes to clarify uncertainty moving forward, as the Fiduciary Rule and its related prohibited transaction exemptions (the "PTEs") became partially effective on June 9, 2017, and will be fully implemented on January 1, 2018. However, recent events have brought the wisdom of a January 1, 2018 applicability date into question.
The District of Columbia Court of Appeals recently struck down a regulation from the Federal Aviation Administration ("FAA") mandating registration of all drones. The Court found that the registration requirement was too intrusive and overstepped the bounds of the FAA. The petitioner argued that the registration requirement imposed by the FAA violated the statute's clear instruction not to promulgate any rule or regulation relating to model aircraft. The Court found the argument persuasive and vacated the registration rule to the extent it applies to model aircraft used by hobbyist.
