29 Aug, 2023 SEC Denial of Grayscale Bitcoin Fund Was Arbitrary and Capricious, Rules DC Circuit Court of Appeals By Dan Davis Alex Kim The Securities and Exchange Commission acted arbitrarily and capriciously when it denied Grayscale Investment LLC’s proposed listing of a...
29 Aug, 2023 Over $1.8 Billion Saved in 2022 Medicare Shared Savings Program: What Does This Indicate About CMS's Recent 2024 MSSP Proposals? By Katy Pollitt The Centers for Medicare and Medicaid (CMS) announced on August 24 that the Medicare Shared Savings Program (the MSSP) had the...
29 Aug, 2023 Offering of NFTs Allegedly Promoted as Investments Claimed To Be Unregistered Securities Offering by SEC in Settled Enforcement Action By Dan Davis An offering of non-fungible tokens was deemed an unlawful offering of securities without registration by the Securities and Exchange...
28 Aug, 2023 The Second Circuit Agrees: Loans are Not Securities By Amanda Segal Lori Jacobs In a highly anticipated decision, the United States Court of Appeals for the Second Circuit affirmed the District Court’s decision in...
24 Aug, 2023 SEC Adopts Controversial and Sweeping Changes to Private Fund Rules; Requires Documentation of Annual Compliance Reviews By Adam Bolter On August 23, the Securities and Exchange Commission (SEC) voted 3-2 (with Commissioners Peirce and Uyeda dissenting) in favor of...
24 Aug, 2023 SEC Narrows Exemption From FINRA Membership for Broker-Dealers By James Brady Susan Light On August 23, 2023, the Securities and Exchange Commission (SEC) adopted amendments to SEC Rule 15b9-1 that effectively will require...
24 Aug, 2023 Finally Finally! FINRA Finalizes Amendments to Covered Agency Transaction Requirements Under FINRA's Margin Rule 4210 By Susan Light After seven years of extending the implementation date of the original rulemaking adopted in 2016 for Covered Agency Transactions, the...
23 Aug, 2023 New Texas Medical Billing Requirements Can Leave Hospitals and Other Health Care Facilities Unable to Collect for Services Provided By Joe Lecroy Tracie Bedeaux Starting September 1, 2023, health care facilities in Texas will have to make changes to their billing practices to comply with a newly...
21 Aug, 2023 Key Questions Remain After 'Autonomous' GenAI Work Denied Copyright Protection by Federal Court By Michael Justus On August 18, 2023, the U.S. District Court for the District of Columbia granted summary judgment in favor of the U.S. Copyright Office,...
21 Aug, 2023 Benefits and Cautions of Capital Raising and Dual Listings in the US and Canada By Mark Wood Alyse Sagalchik There were several highlights from Katten’s recent webinar, "US–Canadian Cross-Border Capital Raising and Dual Listings." With an engaged...
18 Aug, 2023 FCA Publishes Expectations on the Travel Rule for UK Cryptoasset Businesses By Neil Robson Christopher Collins Ciara McBrien The Financial Conduct Authority (FCA) has published a statement (Statement) on its expectations for UK cryptoasset businesses (CBs)...
15 Aug, 2023 Join Katten for the 11th Annual Tax-Efficient Investing Program on September 13 By Katten CLICK HERE to register for this event. Industry-leading authority Henry Bregstein will moderate a half-day program on tax-efficient...
14 Aug, 2023 President Biden Issues Executive Order Targeting Certain Investments in China By Jacques Semmelman On August 9, President Biden issued an Executive Order on Addressing United States Investments in Certain National Security Technologies...
10 Aug, 2023 OFAC Issues Guidance for the Provision of Humanitarian Assistance to Syria By Jacques Semmelman On August 8, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a Guidance for the Provision of...
09 Aug, 2023 India's Data Protection Law Passes Parliament Despite Privacy Concerns By Trisha Sircar India’s Digital Personal Data Protection Bill of 2023 passed in the lower and upper houses of Parliament and now must be approved by the...
09 Aug, 2023 Seven Leading AI Development Firms Agree to Conduct Principles That May Be Regarded as Initial Industry 'Best Practices' By Dan Davis Seven leading developers of artificial intelligence technology voluntarily agreed to comply with eight specific commitments (Commitments)...