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Part 107 of the Federal Aviation Regulations requires that anyone who operates a small unmanned aircraft/drone for commercial use (weighing more than 0.55 lbs and less than 55 lbs) must obtain a remote pilot airman certificate with a small UAS rating. Certification includes passing an aeronautical test and undergoing a security background check.

The British electorates vote to exit the European Union (EU) on June 23, 2016 has left many with feelings of fear and uncertainty. The immediate reaction by the financial markets was negative: stock and oil prices plummeted based on anxiety over a potential recession and bond yields fell as investors sought refuge in safe haven assets. London is both a central hub for financial markets and the insurance industry - the impact on the financial markets was evident immediately but what about the impact on the insurance industry?

The Securities and Exchange Commission can—and will—investigate private companies. As SEC Chair Mary Jo White discussed in a recent speech at Stanford University Rock Center for Corporate Governance, the SEC’s core mission is to protect investors, whether public or private. Private companies are not beyond the reach of securities regulations or the “official curiosity” of SEC investigators.