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Nelson Mullins Riley & Scarborough LLP

SEC Signals End of “No‑Admit/No‑Deny” Gag Rule: What It Means for Enforcement Strategy

Overview The Securities and Exchange Commission (SEC) appears poised to make a significant change to its enforcement program that could reshape how settlements are negotiated and communicated....more

Mayer Brown

AI: The Next Frontier of PE Deal Risk

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Cybersecurity diligence was once treated as a specialized issue in private equity transactions; today, it’s part of the standard deal process. Buyers evaluate security controls, incident history, insurance coverage, vendor...more

Cadwalader, Wickersham & Taft LLP

SEC Permits Shortened Offering Period for Certain Equity Tender Offers

On April 16, 2026, the Division of Corporation Finance for the Securities and Exchange Commission (“SEC”) issued an exemptive order (the “Order”) permitting certain equity tender offers to utilize an abbreviated offer period...more

Cadwalader, Wickersham & Taft LLP

Words and Actions – SEC Chair's View on IPO Incentives

In recent remarks on April 28, 2026 at the Small Business Capital Formation Advisory Committee, Paul S. Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), discussed the current IPO market and how the SEC’s...more

White & Case LLP

2002 ISDA equity definitions VE

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ISDA has launched the 2002 ISDA Equity Derivatives Definitions (Versionable Edition) (the "Equity Definitions VE"), replacing the static 2002 ISDA Equity Derivatives Definitions, with an industry implementation date of...more

DLA Piper

Blockchain and Digital Assets News and Trends – Q1 2026

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This periodic bulletin is designed to help companies identify important legal developments governing the use and acceptance of blockchain technology, smart contracts, and digital assets....more

Jones Day

How Investors Are Adapting to the SEC's Deregulatory Agenda, and What to Do About It

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The SEC, under Chairman Paul Atkins, is pursuing a sweeping deregulatory agenda aimed at simplifying public company disclosure obligations, promoting capital formation, scaling requirements to company size, and refocusing the...more

Thompson Coburn LLP

Reconciliation

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A process used to expedite the passage of partisan budget-related legislation. To advance legislation, the Senate typically requires 60 votes to proceed with legislation, thanks to the filibuster....more

Cornerstone Research

Trends in CFTC Virtual Currency Enforcement Actions - Executive Summary

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The U.S. Commodity Futures Trading Commission (CFTC) is one of the main regulators engaged in the cryptocurrency space. Between the first quarter of 2015 and the third quarter of 2025, the CFTC brought 130 actions against...more

McDermott Will & Schulte

Not all private credit fund liquidity is the same: The market’s evolution and a comparison of Evergreen Fund liquidity terms

In recent weeks several well known retail-oriented “evergreen” private credit funds have received redemption requests from their investors, which exceed their share repurchase limits, leading to several concerning newsworthy...more

Lowenstein Sandler LLP

SEC Raises Qualified Client Thresholds: What Advisers Need To Do Before June 29

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The Securities and Exchange Commission (SEC) has raised the dollar thresholds for “qualified client” status under Rule 205-3 of the Investment Advisers Act of 1940 (Advisers Act). The increases, which will take effect on June...more

Cooley LLP

Capital Markets Update – May 2026 One-Minute Reads

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The Securities and Exchange Commission (SEC) announced enforcement results for its fiscal year ended September 30, 2025, and this addendum of FY 2025 enforcement statistics....more

K&L Gates LLP

High Court “Zips” Up Honest Concurrent Use

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In a decision with major implications for brand strategy, the High Court of Australia has upheld a high bar for traders to adopt a brand name “honestly”. The High Court has handed down its decision in Zip Co Limited v...more

Orrick, Herrington & Sutcliffe LLP

NCUA places federal credit union into conservatorship

On May 6, the NCUA placed a federally chartered credit union in Jackson, Mississippi, into conservatorship, citing “unsafe and unsound practices.” The credit union, which maintains more than 15,500 members and holds roughly...more

Orrick, Herrington & Sutcliffe LLP

CFTC fines trader $200K for alleged ‘spoofing’ in Treasury futures market

On May 6, the CFTC announced that it had issued an order settling allegations that a trader engaged in “spoofing” (i.e., bidding or offering with the intent to cancel before execution) on approximately 50 occasions between...more

BakerHostetler

Weekly Blockchain Blog - May 2026 #3

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Stablecoin Initiatives Launch, AI and Crypto Companies Seek Bank Charters - A major U.S. financial institution that operates the world’s largest money transfer network recently announced “the launch of USDPT, its U.S....more

Orrick, Herrington & Sutcliffe LLP

OCC highlights AI as both cyber threat and defensive tool in spring risk report

On May 7, the OCC released its spring 2026 semiannual Risk Perspective report, identifying key risks facing the federal banking system. The OCC reported that bank earnings improved in 2025, supported by loan growth and a...more

McGuireWoods LLP

Highlights of the 22nd McGuireWoods Healthcare Private Equity and Finance Conference

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McGuireWoods convened its 22nd Annual Healthcare Private Equity and Finance Conference in Chicago on April 29-30, 2026, gathering investors, operators, lenders, advisers and executives from across the country. The two days...more

Winthrop & Weinstine, P.A.

Optional Semiannual Reporting: SEC Proposes New Form 10‑S and Related Rule Changes

What does the proposed SEC rule do? On May 5, 2026, the Securities and Exchange Commission (SEC) proposed amendments to the Exchange Act reporting regime that would, for the first time in more than 50 years, allow...more

Verrill

Section 530A Accounts: What Employers Should Consider Before Offering Contributions to “Trump” Accounts

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Section 530A accounts, commonly referred to as Trump accounts, have attracted attention since the enactment of the One Big Beautiful Bill Act in July 2025. While individuals have been able to set up these accounts for their...more

Akin Gump Strauss Hauer & Feld LLP

CFTC Receives Extensive Feedback on Prediction Markets Rulemaking

The Commodity Futures Trading Commission (CFTC) received extensive comment letters in response to its Advance Notice of Proposed Rulemaking (ANPRM) on prediction markets, issued on March 12, 2026. The ANPRM launched the...more

Troutman Pepper Locke

Senate Banking Committee Advances CLARITY Act in Bipartisan Vote

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The Senate Banking, Housing, and Urban Affairs Committee held a hearing and voted 15–9 to advance H.R. 3633, the Digital Asset Market Clarity Act of 2025 (the CLARITY Act), sending the first comprehensive Senate crypto market...more

BCLP

“Making the Pot Last Longer" - Co-Investment as an Essential Financing Tool for Private Equity Sponsors

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Over the course of the last six years, the UK has endured a seemingly unremitting series of geo-political and economic difficulties.  On 31 January 2020 “Brexit" saw the UK formally withdraw from the EU after being a member...more

Maynard Nexsen

Examination Priorities, Enforcement Results, and Enforcement Manual Updates

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Recent developments at the United States Securities and Exchange Commission (“SEC”) reveal an agency in the midst of a significant directional shift. Following the agency’s April 2025 transition to Chairman Paul Atkins, the...more

A&O Shearman

UK FCA Update On Legal Challenges To Motor Finance Redress Scheme

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The UK Financial Conduct Authority (FCA) has published a statement providing an update on the legal challenges to its motor finance redress scheme. The FCA confirms that, despite ongoing litigation (with a hearing unlikely...more

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