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Ballard Spahr LLP

OCC, Federal Reserve, and FDIC Finalize Revisions to the Community Bank Leverage Ratio Framework

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On April 23, 2026, the Office of the Comptroller of the Currency (OCC), Federal Reserve Board, and Federal Deposit Insurance Corporation (FDIC) jointly issued a final rule revising the Community Bank Leverage Ratio (CBLR)...more

Hogan Lovells

FCC targets equipment testing and telecom licenses as federal agencies tighten tech supply chains and network security

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On April 30, 2026, the Federal Communications Commission (“FCC”) initiated two rulemakings to address national security vulnerabilities in its equipment authorization process and to close loopholes that have allowed foreign...more

Orrick, Herrington & Sutcliffe LLP

White House directs creation of IRA portal, establishes eligibility requirements for listed financial institutions

On April 30, the White House released an executive order directing Treasury to establish, by January 1, 2027, “TrumpIRA.gov,” a government website to provide workers who lack access to employer-sponsored retirement plans —...more

Carlton Fields

NAIC Heads Back to the Lab on Annuity Suitability

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After the National Association of Insurance Commissioners’ (NAIC) Annuity Suitability (A) Working Group published its 2025 technical report, aimed at insurers, on “Annuity Best Interest Regulatory Guidance and...more

Carlton Fields

Next Round of Testing: NAIC Clarifies Third-Party Oversight Plan

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Continuing its goal of mapping out the regulatory landscape that would apply to insurers’ use of third-party models and data, the National Association of Insurance Commissioners’ Third-Party Data and Models (H) Working Group...more

Hogan Lovells

At long last, FAA proposes rule restricting drone operations over critical infrastructure

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At Congress’s direction, the Federal Aviation Administration (FAA) is giving critical infrastructure operators a new tool to keep rogue unmanned aircraft systems (UAS or drones) away from their facilities. In a newly released...more

Orrick, Herrington & Sutcliffe LLP

CFPB submits status report urging EEOC to revise framework to align with executive orders

On May 5, the CFPB released its FY 2025 Equal Employment Opportunity Program Status Report, submitted under the Equal Employment Opportunity Commission’s (EEOC’s) Management Directive 715 (MD-715), as well as its FY 2025...more

Morgan Lewis

Federal Energy Priorities Reset the Rules for US Permitting

Morgan Lewis on

Energy policy in the United States is undergoing a significant shift, with direct implications for how energy infrastructure is permitted, financed, and built. These federal policy changes are redefining which projects move...more

Orrick, Herrington & Sutcliffe LLP

New York City announces June 1 hearing on debt collection rule, proposed penalty schedule

On May 1, the New York City Department of Consumer and Worker Protection (DCWP) published a notice of public hearing and a proposed rule to amend the penalty schedule for debt collectors. The proposed amendments would update...more

Hogan Lovells

Permanent Regulations for California’s Extended Producer Responsibility Law (SB 54) Take Effect

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On May 1, 2026, the state of California announced final regulations implementing its landmark extended producer responsibility (EPR) law, SB 54. The regulations became effective upon the Office of Administrative Law (OAL)...more

BakerHostetler

Court Finds Temporary Section 122 Tariffs Unlawful

BakerHostetler on

The U.S. Court of International Trade (CIT) on May 7 ruled by a 2-1 vote that the 10 percent temporary tariffs imposed under Section 122 of the Trade Act of 1974 are unlawful. The administration imposed the Section 122...more

Orrick, Herrington & Sutcliffe LLP

Parties file supplemental briefs addressing OCC’s preemption actions in 7th Circuit Illinois interchange fee prohibition appeal

On May 6, the parties filed simultaneous supplemental briefs in litigation challenging the Illinois Interchange Fee Prohibition Act (IFPA), which remains on appeal before the 7th Circuit, while the OCC and merchant trade...more

Dentons

What Iowa’s Public Boards Need to Know About Closed Meetings After Recent Court Decisions

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Public entities in Iowa are subject to both open meetings and public record requirements encompassed in Iowa Code Chapters 21, 22, and 23. Multiple governmental bodies and entities within Iowa have elected boards,...more

Katten Muchin Rosenman LLP

Federal Court Blocks Arizona From Enforcing Gambling Laws Against Prediction Markets

A federal court has blocked Arizona from enforcing its state gambling laws against prediction markets. In an order issued on May 5, 2026, the US District Court for the District of Arizona granted a preliminary injunction — a...more

Saul Ewing LLP

A Snapshot of Virginia’s New Employment Laws From the 2026 Legislative Session

Saul Ewing LLP on

Following the 2026 legislative session, Virginia’s employment law landscape is shifting with the enactment of several new employee-friendly measures, and even more on the horizon. Here are the key developments for which...more

Mayer Brown

CFPB Issues Final Section 1071 Rule on Small Business Lending Data Collection

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On May 1, 2026, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) issued its final rule substantially revising subpart B of Regulation B, which implements section 1071 of the Dodd-Frank Wall Street Reform and...more

Nelson Mullins Riley & Scarborough LLP

Jarkesy Challenges Reach State Administrative Proceedings, but Seventh Amendment Still Stops at Federal Line

The post-Jarkesy litigation landscape is developing as anticipated. Litigants are increasingly invoking the Supreme Court’s decision in SEC v. Jarkesy (No. 22-859) to challenge the constitutionality of state administrative...more

Polsinelli

Extended Producer Responsibility Laws Expand Across States; Key Compliance Deadlines Approaching

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Key Takeaways - Packaging extended producer responsibility laws are now in effect in seven states, with additional states advancing similar frameworks. These laws shift responsibility for packaging waste management from...more

Stikeman Elliott LLP

Canada, Cuba, and New U.S. Sanctions

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On May 1, 2026 the White House announced a new executive order titled Imposing Sanctions On Those Responsible For Repression In Cuba And For Threats To United States National Security And Foreign Policy which asserts that the...more

Mayer Brown

United States Targets Dealings of Foreign Companies and Financial Institutions with Cuba

Mayer Brown on

On May 1, 2026, President Donald Trump signed Executive Order 14404, “Imposing Sanctions on Those Responsible for Repression in Cuba and for Threats to United States National Security and Foreign Policy” (the “EO 14404” or...more

Arnall Golden Gregory LLP

CMS Calls on States to Submit Medicaid Provider Revalidation Strategies: What Providers Need to Know

Key Takeaways - The Centers for Medicare and Medicaid Services has directed states to expedite Medicaid provider revalidation, requiring two-year revalidation strategies within 30 days and focusing on high-risk providers not...more

Nossaman LLP

Compliance Notes - Vol. 7, Issue 9

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RECENT LOBBYING, ETHICS & CAMPAIGN FINANCE UPDATES: Campaign Finance & Lobbying Compliance Colorado: A Colorado bill that would require state government lobbyists to follow the same disclosure rules as lobbyists...more

Mayer Brown Free Writings + Perspectives

Do Crypto User Interface Providers Need to Register as Broker-Dealers with the SEC? The Staff Offers Its View

The Staff of the Division of Trading and Markets (the “Staff”) of the Securities and Exchange Commission (the “SEC” or the “Commission”) recently issued a statement (the “Statement”) providing its views on the application of...more

Arnall Golden Gregory LLP

Won’t Get Fooled Again: FDA Tells a Drug Company Don't Rely on AI

Key Takeaways - The Food & Drug Administration issued a Warning Letter citing a drug company for inappropriate use of AI in pharmaceutical manufacturing, marking what appears to be the first time the agency has specifically...more

Alston & Bird

Implementation of the GENIUS Act’s ‘Substantially Similar’ Regulatory Framework: Treasury’s Proposed Broad-Based Principles

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The Treasury has proposed principles that detail how state regulatory frameworks for payment stablecoin issuers must align with federal GENIUS Act standards. Our Financial Services Group breaks down how federal- and...more

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