Rules and Regulations SEC Adopts Amendments to the Auditor Independence Rules Davis Polk Publishes Visual Memorandum Related to Regulation Best Interest and Related Interpretations Indu...

For those following Congressional efforts to solve the challenges of banking the cannabis sector, we have updated our briefing on the two pending bills in light of the Senate Banking Comm...

In a speech on July 11, 2019, Assistant Attorney General Makan Delrahim of the Antitrust Division of the Department of Justice (“DOJ”) announced that, for the first time, DOJ will con...

The Financial Action Task Force released a highly anticipated interpretive note and guidance on June 21, 2019, clarifying the application for the virtual currency sector of the FATF’s 4...

Below is a link to our latest report on developments in IP, data privacy and cybersecurity law. In this issue, we discuss a variety of the Supreme Court’s recent IP-related decisions an...

As widely expected, the Volcker Agencies extended relief from the Volcker Rule that was first granted to eligible foreign funds in 2017. The agencies’ action provides that the proprieta...

The Financial Standards Accounting Board (FASB) voted on Wednesday to propose delaying the implementation date of the Current Expected Credit Losses accounting standard (CECL) until 2023,...

Earlier this month, SEC Chairman Jay Clayton issued a statement announcing a change in the SEC’s waiver application process that will streamline the SEC settlement process. The Commissi...

The Federal Reserve, OCC, FDIC, SEC and CFTC adopted final amendments on July 9, 2019 implementing the small-bank exclusion and name-sharing provisions of the Economic Growth, Regulatory ...

Davis Polk submitted a comment letter to the Board of Governors of the Federal Reserve System (Federal Reserve) on its notice of proposed rulemaking (the Board Proposal) to amend its regu...