Over the last few years, peer-to-peer “sharing” platforms have arisen in areas as diverse as transportation, housing, catering, and everyday errands. Locally a number of regulatory bodies in cities as as divergent as Portland, OR and Berlin, Germany are grappling with these issues very publicly as it relates to car-sharing services like Lyft and Uber. Sharing economy principles and business models present many new and interesting challenges to local, state and national regulatory schemes related to health, safety, labor, taxes, and many others. This presentation with Dan Lear provides some background on the Sharing Economy, what it is and where its going as well as an overview of the regulatory and legal framework governing the businesses in this fascinating and fast growing industry.

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2. About Me
• Director Of Industry Relations for Avvo, Inc
• 6 years as a practicing lawyer, 10 years in technology
• @rightbrainlaw
• http://right-brain-law.blogspot.com/
• Co-founder: Seattle Legal Innovation and Technology MeetUp
http://www.meetup.com/Seattle-Legal-Innovation-and-
Technology-MeetUp/
• dlear@avvo.com
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5. Where Do We See Sharing?
• Hospitality
• Co-working
• Trucking/Shipping
• Moorage
• Home Storage
• Task Assignment
• Education
• Bikesharing
• Transportation
• Finance

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7. The
law
I'm
using
is
that
the
city
says
there
are
hotels
and
there
are
apartments,
and
the
two
shall
never
meet.
-­‐
Edward
Singer,
a/orney
with
Zacks
Freedman
who
filed
an
evicon
law
suit
against
an
AirBnB
host
in
San
Francisco.

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12. Lender Requirements – Securities Law
• Securities Act
• New Private Placement Rules (Allowing broader general solicitation without
registration)
• State Blue Sky Laws (IPO may or may not affect their applicability)
• Security Exchange Act
• Investment Company Act
• Investment Advisors Act
• Risk Retention Requirements (Think “Great Recession” and “Financial Crisis” e.g.
Dodd-Frank Act)
• Securitization

13. Lender Requirements – Lending Laws
• Usury Laws
• Bank Secrecy Act Regulations
• Issues Related to Third Party use of Bank
Charters
• State Licensing Requirements

14. Lender Requirements – Consumer Protection
• Truth in Lending (TILA)
• FDTC Act, UDAP (Unfair and Deceptive Acts and Practices), and the CFPB
(Consumer Financial Protection Bureau)
• Fair Lending and Other laws
• Debt Collection Practices
• Investment Company Act
• Privacy Laws
• Electronic Commerce Laws
• The Dodd-Frank and GAO Study

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21. About Me
• Director Of Industry Relations for Avvo, Inc
• 6 years as a practicing lawyer, 10 years in technology
• @rightbrainlaw
• http://right-brain-law.blogspot.com/
• Co-founder: Seattle Legal Innovation and Technology MeetUp
http://www.meetup.com/Seattle-Legal-Innovation-and-
Technology-MeetUp/
• dlear@avvo.com
Photo by Neal. - Creative Commons Attribution License https://www.flickr.com/photos/31878512@N06 Created with Haiku Deck