On July 1, the Securities and Exchange Commission (SEC) Division of Corporation Finance issued guidance outlining disclosure expectations for crypto asset exchange-traded products, including both spot and derivative-based…
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/ Administrative Law, Finance & Banking, Securities Law
On June 25, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued its first orders under the FEND Off Fentanyl Act, targeting three Mexican financial institutions: CIBanco S.A. (CIBanco),…
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/ Administrative Law, Finance & Banking, International Law & Trade
In the past week, two significant rulings from the Northern District of California addressed the application of the fair use doctrine to the use of copyrighted books in training large language models (LLMs). Both Meta Platforms…
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/ Art, Entertainment, & Sports Law, Civil Procedure, Intellectual Property, Science, Computers, & Technology
On June 24, Senate Banking Committee Chair Tim Scott, R-S.C., along with Sen. Cynthia Lummis, R-Wyo.; Sen. Thom Tillis, R-N.C.; and Sen. Bill Hagerty, R-Tenn., released a set of principles outlining the foundation for a…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
On Aug. 28, 2024, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a final rule (the Final Rule) extending the scope of the Bank Secrecy Act (BSA) and its amendments by requiring certain…
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/ Administrative Law, Antitrust & Trade Regulation, Finance & Banking, International Law & Trade, Securities Law
In this episode of Venture Voices, host Rossie E. Turman III chats with Eunice Ajim, a Cameroonian-American tech entrepreneur and founding partner of Ajim Capital, about navigating African markets and startups. They cover the…
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/ Finance & Banking, International Law & Trade, Science, Computers, & Technology
On June 17, the U.S. Senate voted to pass the GENIUS Act (Act), which, if passed by the U.S. House of Representatives, would establish federal guardrails and a regulatory framework for stablecoins. Specifically, the Act provides…
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/ Finance & Banking, Mergers & Acquisitions, Consumer Protection, Securities Law, Taxation
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a historic $215,988,868 civil monetary penalty against GVA Capital Ltd. (GVA), a venture-capital firm registered in the Cayman Islands and…
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/ Administrative Law, Finance & Banking, International Law & Trade
On June 10, the House Agriculture and Financial Services Committees advanced portions of the CLARITY Act, an Act that would create a unified federal framework for digital asset regulation. The Agriculture Committee approved…
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/ Administrative Law, Criminal Law, Finance & Banking, Securities Law
On June 9, Deputy Attorney General Todd Blanche issued a memorandum (the Memorandum) outlining revised guidelines for investigation and enforcement of the Foreign Corrupt Practices Act (FCPA). The U.S. Department of Justice…
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/ Administrative Law, Criminal Law, International Law & Trade
On May 30, the United States District Court for the Central District of California determined that judicial review of whether state response costs are recoverable under Section 107(a)(4)(A) of the Comprehensive Environmental…
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/ Administrative Law, Environmental Law
In this episode of Just Compensation, Megan Monson and Jessica I. Kriegsfeld talk to Anthony O. Pergola, Vice Chair of Lowenstein’s Emerging Companies & Venture Capital practice group, about the complexities and challenges of…
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/ Business Organizations, Labor & Employment Law, Mergers & Acquisitions, Taxation
House Introduces Bipartisan Bill To Clarify Crypto Regulation -
On May 29, a bipartisan group of lawmakers, led by House Committee on Financial Services Chairman French Hill (R-Ark.), introduced the Digital Asset Market…
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/ Administrative Law, Finance & Banking, Securities Law
On May 19, the Eastern District of New York (the Court) dismissed claims brought by the Town of Oyster Bay, New York (the Town) under Section 20(a)(1) of the Toxic Substances Control Act (TSCA)1 and for public nuisance damages.2…
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/ Civil Procedure, Environmental Law, Toxic Torts
The Securities and Exchange Commission (SEC) has previously provided guidance through risk alerts, proposed rules, and enforcement actions that outline expectations for registered investment advisers and other financial firms…
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/ Commercial Law & Contracts, Science, Computers, & Technology, Securities Law
