The SEC continued its recent focus on SPACs by filing charges against both sides of a planned but not yet completed SPAC merger, including charges against the SPAC and its CEO for adoptin...
The SEC’s request for public input on climate disclosures attracted 297 institutional comments totaling 3,290 pages. The views range from questioning the SEC’s authority to imploring...
FinCEN recently issued the much-anticipated national AML/CFT priorities and announced its intention to implement a no-action letter process to complement to its current regulatory guidanc...
On June 8, Colorado’s legislature passed the Colorado Privacy Act (ColoPA), which will impose new, substantial privacy requirements on many businesses operating in Colorado. Colorado Go...
On June 16, 2021, a Ninth Circuit panel revived in part a putative securities fraud class action against Alphabet for not disclosing a data privacy bug in the Google+ social network. The ...
The SEC filed an enforcement action involving a public company’s cybersecurity disclosure. The action highlights the need for executives responsible for SEC reporting to be informed pro...
The European Commission’s standard contractual clauses are the most widely used method by which personal data is lawfully transferred from the European Economic Area to countries, like ...
The House of Representatives has passed a bill on a bipartisan basis that would be the first statute directly banning insider trading in the securities markets. The bill largely would pr...
The Securities and Exchange Commission’s recent case against a registered broker-dealer for not filing Suspicious Activity Reports (SARs) reinforces the SEC’s focus on anti-money laun...
The U.S. federal banking agencies have issued an interagency statement addressing industry questions on model risk management and AML compliance. Specifically, the statement clarifies th...
