03 Jul, 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....
01 Jul, 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...
14 May, 2024 Proposed Regulations May Mitigate Certain US Tax Reporting Obligations for Some US Taxpayers By Zachary Arons It is quite common for high-net-worth individuals to have income streams from multiple countries. For example, an individual may have an...
23 Apr, 2024 Whistleblower Rewards Program Update: DOJ Explains and Expands Pilot Program for Voluntary Disclosures By Ryan Meyer Ryan Dean On April 15, the Department of Justice (DOJ) publicly released a memorandum fleshing out its previously announced corporate whistleblower...
15 Apr, 2024 Senate Budget Committee Calls for More IRS Criminal Referrals to the DOJ By Ryan Dean According to Law360, the Senate Budget Committee recently held a hearing regarding offshore tax evasion where senators made clear that,...
14 Mar, 2024 EU Leading the Way With Passing of the Artificial Intelligence Act By Sarah Simpson Larry Wong As if implementing rules to make USB-C ports mandatory for electronic devices was not enough, yesterday the European Union approved the...
26 Feb, 2024 Ensuring Everything Is Above Board: CFTC Proposes Simplified Rules for SEF and DCM Governance, Independence and Mitigating Conflicts of Interest By Nicholas Gervasi Carl Kennedy Seeking to ensure that designated contract markets (DCMs) and swap execution facilities (SEFs) adequately incorporate an independent...
12 Feb, 2024 Katten Fact Sheet for Certain Firms That Must Become FINRA Members By Susan Light As background, the SEC adopted amendments to Rule 15b9-1 of the Securities Exchange Act of 1934 (SEA Rule 15b9-1) that require a...
04 Jan, 2024 Neither a Borrower Nor a Lender Be! By Susan Light FINRA filed a rule amendment with the SEC on January 2 to propose amending FINRA Rule 3240, Borrowing From or Lending to Customers...
22 Nov, 2023 FINRA Acts to Update its Advertising Rule By Susan Light The Financial Industry Regulatory Authority filed a proposed rule change with the Securities and Exchange Commission on November 13,...
01 Nov, 2023 OIG Issues Favorable Advisory Opinion for Certain Physician Employee Bonuses By Erica Youngerman On October 13, 2023, the U.S. Department of Health and Human Services Office of Inspector General (“OIG”) posted Advisory Opinion No....
28 Sep, 2023 FinCEN Announces Extension to CTA Reporting Deadlines By Kevin Keen The U.S. Corporate Transparency Act (CTA) is the first comprehensive ultimate beneficial owner (UBO) and controlling persons reporting...
06 Sep, 2023 CMS Calls for Novel Federal Staffing Standards in Nursing Homes By Nikita Yogeshwarun The Centers for Medicare & Medicaid Services (CMS) issued a proposal on September 1 calling for the first national minimum staffing...
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...
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...