Copyright Your Choreography

Ashley MorrisonBest Practices, Operations, Startup Tips & Resources

copyright-your-choreography

This article discusses how original dance choreography can be protected from imitation, so that choreographers can protect and profit from their creativity and hard work.

Prior to the Copyright Act of 1976 (the “Act”), a choreographer’s right to his or her work was uncertain.  Since the enactment of the Act, “choreographic works” have been expressly included among the categories of creative works that are entitled to legal protection.Read More

10 Things You Should Do to Capitalize on the Illinois Film Production Tax Credit

Ilya ZlatkinBest Practices, Operations, Startup Tips & Resources

illinois-film-production-tax-credit

When we’re sitting on the couch at home watching TV, it’s easy to forget how much effort and resources went into creating that content. In most circumstances, film production entails a significant investment on the part of the filmmakers and their financiers. These funds, in turn, create jobs and generate revenue.

Many state governments have realized the impact that film production can have on the local economy and have attempted to incentivize it within their borders. Illinois is one of these states. The Illinois Department of Commerce encompasses the Illinois Film Office (“IFO”), which administers the Illinois Film Production Tax Credit (“Tax Credit”). The IFO claims that last year this tax incentive accounted for around $330 million of revenue within the state.

The helpful IFO staff recently presented on the topic in detail at the Museum of Broadcast Communications and at 2112. If you’re interested in taking advantage of the Tax Credit, here are top 10 things we think you should keep in mind to capitalize on it.Read More

Art and the Art of Raising Money: Part 4, Asset Classes Q&A

Julianne DardanesBest Practices, Video

Part 3 of our Art and the Art of Raising Money series focused on certain factors of production and distribution that correlate with a film’s financial success. All three of our panelists agreed that the best strategy involves investing in a promising production team.

The remaining portion of the event was opened up to the audience for questions, and it was no surprise that a crowd full of creatives and aspiring producers wanted to know more about how to capitalize on creative content.

Read More

Ending the EU Affair: Brexit and the Markets

Julianne DardanesCase Studies, Market Rules & Responsibilities

brexit

In the words of famous English rock band The Clash, Britain has been asking itself “should I stay or should I go?” for the past ten months now – the relationship in question being its affair with the European Union. After a year-long campaign on both sides of the coin to determine the country’s political and economic future, the U.K. finally voted to call it quits.

But, as we all know, break-ups can be messy and cutting ties is easier said than done. The case of Britain and the EU is no different. Exit procedures outlined in Article 50 of the Lisbon Treaty state that a member must withdraw from the Union in accordance with its own constitutional requirements – meaning the final decision will likely be in the hands of parliament. Since the government is not legally required to act on the results of the referendum, Britain will remain a member of the European Union until its politicians decide otherwise (which may take a while from the sounds of Prime Minister David Cameron’s resignation announcement).Read More

Countdown to Crowdfunding: Illinois Intrastate Crowdfunding Portals Expected Soon

Elaine Wyder-HarshmanStartup Tips & Resources

illinois-intrastate-crowdfunding

Illinois intrastate crowdfunding is coming soon, offering new fundraising and investment opportunities to Illinois businesses and Illinois investors. Enacted in 2012, Illinois intrastate crowdfunding is just weeks from implementation. The final proposed set of rules, governing internet crowdfunding portals, was issued on Friday, March 18, 2016. The Illinois Secretary of State will be taking applications for registration as an internet portal during the 45-day comment period, which ends May 2. It is expected that Illinois crowdfunding portals will be authorized to do business relatively soon after the comment period ends in May.Read More

NFA: Information Systems Security Programs Due March 1, 2016

Steven BylinaBest Practices, Market Rules & Responsibilities, Operations

national-futures-association-and-information-systems-security-programs

The National Futures Association (NFA) held its first NFA Cybersecurity Workshop on February 2, 2016 in Chicago. The workshop consisted of discussion of NFA Cybersecurity Interpretive Notice to Compliance Rules 2-9, 2-36, and 2-49 entitled Information Systems Security Programs (ISSP) and ISSP policy development.

The NFA is requiring CPO’s, CTA’s, IB’s, FCM’s, retail foreign exchange dealers, swap dealers, and major swap participants to have an ISSP in place by March 1, 2016. The ISSP will require member firms to adopt and enforce written policies and procedures to secure customer data. The ISSP should be tailored to their specific business activities and risk.Read More