Fair Labor Standards Act (FLSA): Federal law governing compensation matters, minimum wage, overtime pay, and employment standards that need to be considered in advisor compensation structure
Internal Revenue Code: Federal tax regulations affecting advisor classification (employee vs contractor) and tax implications of the advisory relationship
Securities Exchange Act: Federal law regulating securities markets and transactions, relevant if advisor provides investment-related services
Investment Advisers Act of 1940: Federal law regulating investment advisors, including registration requirements and fiduciary duties
State Labor Laws: State-specific regulations governing employment relationships, working conditions, and labor rights
State Contract Laws: State-specific requirements for contract formation, enforcement, and interpretation
State Licensing Requirements: Professional licensing and registration requirements specific to each state for advisory services
State Securities Regulations: State-specific rules governing securities transactions and investment advice
IRS Classification Guidelines: Federal guidelines determining independent contractor versus employee status
Copyright Act: Federal law protecting original works and intellectual property rights in advisory materials
Trade Secrets Protection: Laws protecting confidential business information and trade secrets shared during advisory relationship
State Privacy Laws: State-specific regulations governing data protection and privacy requirements
Statute of Frauds: Legal requirement that certain contracts must be in writing to be enforceable
