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K&L Gates LLP

United States: The Great SEC Spring Clean Up–14 Proposals Wiped Away

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Spring is a time of renewal, and the US Securities and Exchange Commission (SEC)–under its new chairman, Paul Atkins–has shown that. On 12 June 2025, the SEC withdrew 14 proposed rules impacting funds and asset managers,...more

Paul Hastings LLP

SEC Withdraws 14 Pending Rule Proposals

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On June 12, the Securities and Exchange Commission (SEC) formally withdrew 14 proposed rules for investment advisers, broker-dealers and public companies, many of which had been pending for several years. Should the SEC...more

Akin Gump Strauss Hauer & Feld LLP

SEC Withdraws Several Gensler-Era Rule Proposals Impacting Investment Managers

On June 12, 2025, the Securities and Exchange Commission formally withdrew several rule proposals made while Gary Gensler was Chairman that would have applied to investment managers, including, among others, proposals...more

Perkins Coie

FCC Plugs National Security Gaps by Targeting “Bad Labs”

Perkins Coie on

Key Takeaways - - Per a recent FCC final rule, telecommunication certification bodies owned or controlled by “prohibited entities,” including Chinese government and military affiliates, are prohibited from testing and...more

A&O Shearman

FCA consults on proposed prudential regime for cryptoasset firms

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The UK Financial Conduct Authority (FCA) has published consultation paper CP25/15 on its proposed prudential regime for cryptoasset firms, also accompanied by an updated webpage. This is intended to be read together with...more

Wiley Rein LLP

FCC Bans “Bad Labs” Connected to Foreign Adversaries, Seeks Comment on Additional Restrictions for Equipment Authorization Program

Wiley Rein LLP on

Continuing its efforts under Chairman Brendan Carr’s leadership to safeguard United States communications infrastructure from foreign threats, the Federal Communications Commission (FCC or Commission) adopted an Order and...more

Hogan Lovells

UK: FCA consults on a prudential regime for cryptoasset firms

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As part its ongoing programme of consulting on elements of the new regulatory regime for cryptoassets, the FCA has published Consultation Paper CP25/15: “A prudential regime for cryptoasset firms”, and is inviting feedback...more

A&O Shearman

PRA Phase 1 of Pillar 2A review

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The UK Prudential Regulation Authority (PRA) has published a consultation paper (CP12/25) setting out Phase 1 of its Pillar 2A review. This first phase review seeks to address the consequential impact of the near-final PRA...more

Steptoe & Johnson PLLC

PHMSA Issues Advance Notice of Proposed Rulemaking Seeking Stakeholder Comments Related to Repair Criteria for Hazardous Liquid...

Steptoe & Johnson PLLC on

On May 21, the Pipeline and Hazardous Materials Safety Administration (PHMSA) submitted an advance notice of proposed rulemaking (ANPRM) to the Office of the Federal Register (publisher of the Federal Register) seeking public...more

Bergeson & Campbell, P.C.

EPA Proposes to Extend Certain Compliance Deadlines to Ensure Lab Compliance with Final Methylene Chloride Risk Management Rule

On May 20, 2025, the U.S. Environmental Protection Agency (EPA) released a proposed rule that would extend certain compliance dates in the final risk management rule for methylene chloride under the Toxic Substances Control...more

DarrowEverett LLP

AI Meets TCPA: Navigating Business Compliance Risks in Phone Communications

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As artificial intelligence continues to transform business communications, companies will continue to face significant—and in some cases, increased—legal risks under the Telephone Consumer Protection Act (TCPA) when choosing...more

Mayer Brown

PRA Consultation: Matching Adjustment Investment Accelerator (MAIA)

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INTRODUCTION - The recent “Solvency UK” reforms to Solvency II represent the UK’s tailored approach to insurance prudential regulation post-Brexit, aiming to enhance flexibility and competitiveness in the insurance...more

Frost Brown Todd

U.S. EPA Announces Retainment of MCLs for PFOA and PFOS and Intent to Rescind and Reconsider MCLs for Other PFAS

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The United States Environmental Protection Agency (U.S. EPA) announced today that it will keep the current Maximum Contaminant Levels (MCLs) set by the National Primary Drinking Water Regulations for perfluorooctanoic acid...more

Eversheds Sutherland (US) LLP

The CFTC issues requests for comments on 24/7 trading and perpetual derivatives contracts

On April 21, 2025, the Commodity Futures Trading Commission (CFTC) Divisions of Market Oversight, Clearing and Risk, and Market Participants issued two Requests for Comment (RFCs) on 24/7 trading and clearing of derivatives...more

Conn Maciel Carey LLP

Illinois’ Proposed Workplace Extreme Temperature Safety Act: Key Provisions and Status Update

Conn Maciel Carey LLP on

The trend of states proposing or adopting heat illness prevention standards continues, with Illinois attempting to become the first Fed/OSHA state (for private employers) with a general industry standard. The proposed...more

A&O Shearman

PRA consults on updated supervisory expectations to manage climate-related risks

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The Prudential Regulation Authority (PRA) has issued a consultation paper (CP10/25) and draft updates to the supervisory statement 3/19. The consultation aims to enhance supervisory expectations on the management of...more

Faegre Drinker Biddle & Reath LLP

Colorado Division of Insurance Takes Next Steps to Expand AI-Related Governance and Risk Management Obligations for Insurers

The complex and evolving AI regulatory landscape for insurers is again on the move. The Colorado Division of Insurance (the Division) has commenced the formal rulemaking process to amend and expand the reach of current...more

K&L Gates LLP

NFA Proposes Guidance on Diligent Supervision of Associated Persons

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UPDATE: On 1 May 2025, NFA withdrew Interpretive Notice 9083. The guidance remains available on NFA’s website for industry participants’ review....more

A&O Shearman

PRA consults on restating MiFID Organisational Regulation

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The UK Prudential Regulation Authority (PRA) has published its consultation paper (CP9/25) on the Markets in Financial Instruments Directive Organisational Regulation (MiFID Org Reg). The PRA proposes to restate the current...more

Pierce Atwood LLP

OSHA in 2025: Observations and Expectations

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The beginning of the second Trump administration has left employers asking myriad questions with respect to the Occupational Safety and Health Administration (OSHA). Are there plans to eliminate OSHA? Will inspections and...more

Ballard Spahr LLP

Republicans ask federal banking agencies to withdraw rules, guidance

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Republicans on the House Financial Services Committee have sent letters to financial regulators asking them to rescind a variety of measures the regulators issued during the Biden Administration....more

Goldberg Segalla

New Jersey Proposal Transitions PFAS Criteria to Enforceable Remediation Standards

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In March, the New Jersey Department of Environmental Protection (NJDEP) proposed to formally add GenX, PFNA, PFOA, PFOS — all PFAS compounds — and methanol to the list of regulated contaminants under various statutes. This...more

A&O Shearman

UK FPC consults on increase to O-SII buffer thresholds

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The UK Financial Policy Committee (FPC) has published its consultation paper on increasing the current capital buffer thresholds which apply to other systemically important institutions (O-SIIs). The thresholds are part of...more

Latham & Watkins LLP

NJDEP Proposed Rule Update: PFAS Added to Contaminant Testing Requirements

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The proposed rule would potentially usher in a future of broad testing for certain PFAS at New Jersey remediation sites....more

Littler

The Heat Is On – New Mexico Proposes Heat Illness Prevention Rule

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The New Mexico Environment Department’s Occupational Health and Safety Bureau has proposed a Heat Illness and Injury Prevention (HIIP) rule with a contemplated effective date of July 1, 2025. If adopted, the HIIP rule will...more

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