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Read Finance & Banking Law updates, alerts, news, and legal analysis from leading lawyers and law firms:
Foley & Lardner LLP

Office of the Comptroller of the Currency Updates “Unfair or Deceptive Acts or Practices and Unfair, Deceptive, or Abusive Acts or...

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Financial institutions that are regulated and supervised by the Office of the Comptroller of the Currency (OCC) should know that the OCC has recently updated its booklet on Unfair or Deceptive Acts or Practices (UDAP) and...more

Thomas Fox - Compliance Evangelist

Daily Compliance News: December 6, 2024 – The Boeing Settlement Bounced Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance...more

Thomas Fox - Compliance Evangelist

Classroom Insiders, Season 2: Understanding Injunctions in SEC Cases: Standards and Circuit Differences

Welcome to Season 2 of Classroom Insiders, a podcast with Professor Karen Woody and her Insider Trading Seminar students from Washington and Lee University. They explore the arc and evolution of insider trading over the last...more

Seward & Kissel LLP

SEC Staff Issues Guidance on Tailored Shareholder Reports

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Who may be interested: Registered Investment Companies; Investment Advisers - Quick Take: The staff of the Division of Investment Management’s Disclosure Review & Accounting Office (Staff) issued an Accounting and...more

Pillsbury Winthrop Shaw Pittman LLP

Disclosure of Non-GAAP Financial Measures: Recent SEC Comments and Enforcement Actions

The U.S. Securities and Exchange Commission (SEC) continues to scrutinize adjustments to, and presentation of, non-GAAP financial measures. Recent SEC enforcement actions for allegedly improper and misleading use of...more

Thomas Fox - Compliance Evangelist

12 O’Clock High, a podcast on business leadership – Jared Connors on Navigating PFAS Regulations, Trade Sanctions, and...

Tom welcomes former colleague Jared Connors to discuss key compliance issues as 2024 comes to a close. Their conversation dives into PFAS regulations, trade sanctions, sustainability reporting, and how businesses need to...more

Thomas Fox - Compliance Evangelist

Presidential Leadership Lessons- Reassessing the Legacy of Warren G. Harding

Who are our greatest Presidents? What lessons can the modern-day business leader learn from our 46 Chiefs of State? Welcome to a new season of this award-winning podcast series with Tom Fox and Richard Lummis to delve into...more

Mayer Brown

EU Listing Act Package Goes Into Effect in Early December

Mayer Brown on

On 14 November 2024, a number of amendments to: the Prospectus Regulation (Regulation (EU) 2017/1129) ("PR");  the Market Abuse Regulation (Regulation (EU) No 596/2014) ("MAR"); and  the Markets in Financial...more

Polsinelli

Blockchain+ Bi-Weekly; Highlights of the Last Two Weeks in Web3 Law: December 5, 2024

Polsinelli on

The Polsinelli Blockchain+ team took a break from the usual Bi-Weekly updates for the Thanksgiving holiday, but the Web3 legal developments did not. There was a significant ruling out of the 5th Circuit, which has major...more

Cadwalader, Wickersham & Taft LLP

Mo’ Money Mo’ Problems: More on the Changes to the UCC’s Definitions of Money – UCC 9-102(a)(54A) – Part Four

The following article is part four of our series on the 2022 Amendments to the UCC. You can find the previous articles here. Our last article explored the amendments to the main definition of “money” in Article 1 of the UCC....more

Seyfarth Shaw LLP

Court Stops the Presses: Enforcement of the CTA Has Been Enjoined Nationwide

Seyfarth Shaw LLP on

As many entities are scrambling to complete and file their beneficial owner information report ("BOI") under the Corporate Transparency Act, ("CTA") before the January 1, 2025 deadline, the United States District Court for...more

Troutman Pepper

Troutman Represents all Fifty States Bankers Associations and D.C. in Tenth Circuit DIDMCA Opt-Out Litigation

Troutman Pepper on

In the last two weeks, several amicus briefs were filed in the Tenth Circuit in the ongoing litigation concerning Colorado’s opt-out from the Depository Institutions Deregulation and Monetary Control Act (DIDMCA). Troutman...more

Holland & Knight LLP

Proyecto de decreto busca modificar el ecosistema de pagos de bajo valor en Colombia

Holland & Knight LLP on

El Ministerio de Hacienda y Crédito Público de la República de Colombia, a través de la Unidad de Regulación Financiera, publicó un proyecto de decreto con el cual se busca implementar una normativa para fortalecer la...more

Barnea Jaffa Lande & Co.

New Guidelines on Offering and Intermediating Joint Investment Arrangements

The Israel Securities Authority published a position statement recently addressing various issues pertaining to brokerage activities and offerings of joint investment arrangements, including the applicability of the...more

Holland & Knight LLP

Se modifican transacciones de los establecimientos de crédito con sus vinculados en Colombia

Holland & Knight LLP on

El Ministerio de Hacienda y Crédito Público de Colombia, a través de la Unidad de Regulación Financiera, el 8 de noviembre de 2024, expidió el Decreto 1358 de 2024 con el objetivo de definir los criterios para determinar la...more

WilmerHale

5 Ways SEC's Crypto Approach Could Change Under Trump

WilmerHale on

The election of Donald Trump as president could have a significant impact on the crypto industry given his campaign promise of a procrypto administration. Trump will be able to appoint a new chair of the U.S. Securities and...more

A&O Shearman

Mansion House: UK Financial Conduct Authority and Financial Ombudsman Service Call for Input on Modernizing the Redress System

A&O Shearman on

The U.K. Financial Conduct Authority and the Financial Ombudsman Service have launched a joint call for input on modernizing the redress system. The two main concerns of the FCA and the FOS are mass redress events and FCA-FOS...more

Bradley Arant Boult Cummings LLP

Important Update: Temporary Halt on Corporate Transparency Act Compliance

On December 3, 2024, in deciding the case Texas Top Cop Shop, Inc., et al. v. Garland, et al., the U.S. District Court for the Eastern District of Texas found the Corporate Transparency Act (CTA) to be unconstitutional. The...more

Steptoe & Johnson PLLC

Pennsylvania Joining the United States in Proposing a Bitcoin Strategic Reserve: Implications for the Energy Industry

Steptoe & Johnson PLLC on

On November 19, Pennsylvania Representative Mike Cabell (R-117) introduced legislation to form the Pennsylvania Bitcoin Strategic Reserve, aiming to diversify the state’s financial holdings by allocating up to 10% of its...more

Torres Trade Law, PLLC

Identities of Investment Fund Limited Partners in CFIUS Reviews

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As deals increase in complexity, and ownership structures are oftentimes opaque and obfuscated, it is important to be mindful of CFIUS’s continued stance of requesting identities of Limited Partners (LPs) in transactions...more

A&O Shearman

Mansion House: UK Financial Conduct Authority Feedback on Advice Guidance Boundary Review and Next Steps

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The U.K. Financial Conduct Authority has published feedback to its December 2023 advice guidance boundary review. The review included a number of proposals to improve how people can access help with their pensions and retail...more

UB Greensfelder LLP

Federal Court Issues Nationwide Injunction Blocking the Enforcement of the Corporate Transparency Act

UB Greensfelder LLP on

Decision comes just ahead of the January 1, 2025 CTA filing deadline. On December 3, 2024, the U.S. District Court for the Eastern District of Texas, in Texas Top Cop Shop, Inc. et al. vs. V. Merrick Garland, issued a...more

A&O Shearman

Mansion House: New Remit Letters for UK Financial Conduct Authority and Prudential Regulation Authority to Focus on Growth

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HM Treasury has published remits and recommendations for the U.K. Financial Conduct Authority and Prudential Regulation Authority, set out in a letter sent from Rachel Reeves, Chancellor of the Exchequer, to Nikhil Rathi, FCA...more

A&O Shearman

UK Financial Conduct Authority Publishes Discussion Paper on Improving the UK Transaction Reporting Regime

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The U.K. Financial Conduct Authority has issued a discussion paper on potential options for improving the U.K. transaction reporting regime. The FCA has two primary objectives: to improve the usefulness of transaction...more

A&O Shearman

UK Financial Ombudsman Service Publishes Feedback to Consultation on Charging Claims Management Companies and other Professional...

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The U.K. Financial Ombudsman Service published a feedback statement to its consultation on its proposals to charge fees to claims management companies and other professional representatives. The statement summarizes the...more

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