Jul 31, 2024 FinCEN Proposes Enhanced AML Rules By Susan Light Eli Krasnow On July 3, the Financial Crimes Enforcement Network (FinCEN) published a proposed rule (the Proposal) to strengthen and modernize...
Jul 29, 2024 FCA Publishes Policy Statement on UK Overseas Funds Regime By Neil Robson Christopher Collins Ciara McBrien On 17 July 2024, the Financial Conduct Authority (FCA) published a policy statement (PS24/7) setting out the final rules and guidance...
Jul 24, 2024 OFAC Announces Forthcoming Expanded Recordkeeping Rule By Jacques Semmelman On July 22, 2024, the Office of Foreign Assets Control ("OFAC") of the U.S. Department of the Treasury issued a Guidance on Extension of...
Jul 22, 2024 Spring 2024 Agenda of Regulatory Actions Published: SEC Spotlight By Adam Bolter Twice each year, the Office of Information and Regulatory Affairs publishes the semi-annual “Unified Agenda of Regulatory and...
Jul 19, 2024 The California Regulator Publishes New CCPA Regulations for Public Comment By Trisha Sircar On July 15, 2024, the California Privacy Protection Agency (CPPA) released official materials ahead of its July 16, 2024, Board meeting....
Jul 17, 2024 NYDFS Releases Circular Letter on the Use of AI and Data in Insurance Underwriting and Pricing By Trisha Sircar On July 11, 2024, the New York Department of Financial Services (NYDFS) issued Circular No. 7 Re: Use of Artificial Intelligence Systems...
Jul 16, 2024 EU AI Act Published in the Official Journal of the European Union By Trisha Sircar On July 12, 2024, the European Union's Artificial Intelligence Act, Regulation (EU) 2024/1689 (EU AI Act) was published in the Official...
Jul 15, 2024 FTC Warning Letters on Right to Repair Suggest Future Enforcement By Chris Cole The FTC has issued warning letters to eight companies, accusing them of possibly imposing restrictions on third-party servicing of...
Jul 12, 2024 After Loper Bright, should the FTC's views on advertising interpretation still receive deference? By Chris Cole In 2015, the FTC prevailed in litigation against POM Wonderful, makers of pomegranate juice. POM Wonderful LLC, et al., v. Federal Trade...
Jul 11, 2024 Considerations for Refinancing Distressed Loans and Fostering Connections: A Conversation with Robert Meyers By Paul Musser In the latest TMA Chicago Midwest Podcast episode, I sat down with Robert Meyers, President and Chief Commercial Officer of Republic...
Jul 09, 2024 Ether’s Legal Status Clarified? CFTC Scores Win as Court Backs Agency’s Commodity Classification By Dan Davis Alex Kim In a victory for the Commodity Futures Trading Commission (CFTC), a federal court has granted summary judgment in favor of the agency in...
Jul 03, 2024 U.S. Supreme Court Overturns Chevron – Impact on Health Care and Life Sciences By Kenya Scott Woodruff Ramana Rameswaran Erica Youngerman On June 28, 2024, the U.S. Supreme Court (the “Court”) issued a decision in Loper Bright Enterprises v. Raimondo and Relentless, Inc. v....
Jul 02, 2024 SEC Targets Crypto Infrastructure Provider: Consensys Charged with Operating Unregistered Broker and Selling Unregistered Securities By Dan Davis Alex Kim In a significant escalation of its crypto enforcement efforts, the Securities and Exchange Commission (SEC) has filed charges against...
Jul 01, 2024 A Timely Reminder from CME Market Regulation of the Broad Reach of the Duty to Supervise By Stephen Morris The CME has issued a revised Market Regulation Advisory Notice on Supervisory Responsibilities for Employees and Agents that includes a...
Jul 01, 2024 SCOTUS Set To Weigh In On the PSLRA’s Heightened Pleading Standards By Jonathan Rotenberg By Jonathan Rotenberg and Audrey Nelson The Supreme Court will review the Ninth Circuit’s decision in Ohman v. Nvidia Corp., which...