In Loper Bright Enterprises v. Raimondo, the Supreme Court overruled Chevron v. NRDC, holding that Chevron deference to an agency’s permissible interpretation of an ambiguous or silent ...
Recent Supreme Court decisions show a strong and continued rebalancing of power in the administrative state that has been years in the making. This update outlines what it means for the f...
On July 3, 2024, a federal district court judge in Texas granted Plaintiffs’ motion for a preliminary injunction against the FTC’s proposed rule banning non-competes.
In SEC v. Jarkesy, the Supreme Court held that the SEC must bring fraud claims seeking penalties in federal court instead of administrative proceedings because defendants are entitled to ...
FDIC has revamped its IDI Rule resulting in major changes in the resolution submissions for covered banks. Our visual memo, linked below, summarizes key components of the final rule and p...
Davis Polk partner and Financial Institutions practice head Margaret Tahyar authored “The supercycle: Where regional bank boards should focus” in Starling’s 2024 Compendium. In the ...
In a unanimous decision, the Supreme Court held the NRA plausibly alleged that former DFS Commissioner Maria Vullo coerced DFS-regulated entities into cutting ties with the NRA based sole...
The Officer of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC) and the Federal Housing Finance Agency (FHFA) have re-proposed the same rule from 20...
On April 23, 2024, the Federal Trade Commission finalized its rule banning almost all non-competes in employment agreements. The final rule includes limited exceptions for existing non-c...
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...
