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The courts rejected arguments that the Federal Reserve Banks are required to grant master accounts to all legally eligible depository institutions. We analyze the rulings and their broade...
On March 25, 2024, a Ninth Circuit panel affirmed the dismissal of a putative securities class action alleging that a biopharmaceutical company misled the public in May 2020 about the dev...
In this issue, we discuss recent enforcement actions involving investment advisers that allegedly made false and misleading statements about their use of artificial intelligence.
The DOJ’s National Security Division recently updated its voluntary self-disclosure policy, highlighting the importance of sanctions and export control-related due diligence in M&A tran...
A new proposal would require U.S. companies to comply with U.S. government cybersecurity standards before transferring bulk data to, or accepting investment from, companies based in targe...
FTSE Russell has published a summary of provisional changes to its FTSE UK Index Series Ground Rules to cater for the proposed UK listing regime changes by the Financial Conduct Authority...
The Inflation Reduction Act permits state pension plans, tax-exempt organizations and other “applicable entities” that invest in certain renewable energy projects to receive cash paym...
On March 13, the European Parliament passed a draft of the Artificial Intelligence Act. The AI Act includes requirements for U.S. businesses using or developing AI systems or general-purp...