Latest news
Insider Trading Meets Prediction Markets — Federal Enforcers Put the Industry on Notice
The rapid proliferation of prediction markets has collided with a newly aggressive posture from federal regulators and prosecutors, producing two landmark insider trading prosecutions in a matter of weeks and signaling that this emerging asset class is now firmly within the crosshairs of the Department of Justice, the Commodity Futures Trading Commission, and the Securities and Exchange Commission....By: Blank Rome LLP
Federal insurance developments: Recent activity and key issues to watch
We continue to track several significant initiatives being advanced by state insurance regulators and the National Association of Insurance Commissioners (NAIC), and we expect that work to accelerate as regulators look to the NAIC Summer National Meeting in August. In parallel, we have also seen several noteworthy insurance developments at the federal level that warrant specific attention. This Legal Bulletin is intended to provide a brief roundup of recent federal developments and other dormant...By: Eversheds Sutherland (US) LLP
Healthcare & Life Sciences Private Equity Deal Tracker: Salt Creek Acquires MML Diagnostics
Salt Creek Capital has announced the acquisition of MML Diagnostics Packaging. MML, founded in 1964 and headquartered in Troutdale, Oregon, is a contract manufacturer and packager of in-vitro diagnostic devices and single-use medical devices....By: McGuireWoods LLP
Governor Newsom appoints former CFPB Director Rohit Chopra to lead California’s new Business and Consumer Services Agency
On May 12, 2026, California Governor Gavin Newsom announced the appointment of Rohit Chopra as the inaugural Secretary of the state’s newly created Business and Consumer Services Agency (BCSA), which will officially launch on July 1, 2026. The appointment places one of the nation’s most active consumer protection regulators at the helm of the future cabinet-level agency. Chopra may take office prior to confirmation by the California Senate but cannot continue to serve if not confirmed within 365...By: DLA Piper
No Closing Bell: CFTC Staff Advisory Provides Guidance on 24/7 Trading and Clearing
Closing bells may soon be a thing of the past in US derivatives markets. In Advisory Letter No. 26-16 (the Advisory), the Commodity Futures Trading Commission’s (CFTC or Commission) Division of Clearing and Risk, Division of Market Oversight, and Market Participants Division (collectively, the Divisions) set out their regulatory expectations for derivatives clearing organizations (DCOs), designated contract markets (DCMs), swap execution facilities (SEFs), and futures commission merchants (FCMs)...By: Katten Muchin Rosenman LLP
AI in Private Credit: Key Considerations for Market Participants
The private credit market is navigating a complex environment, one in which artificial intelligence (AI) is emerging as a potentially transformative force in how private credit transactions are sourced, evaluated, documented and managed throughout the investment lifecycle. The increased focus on AI coincides with continued growth across the private credit industry, driven by demand for non-bank financing solutions and the deepening sophistication of private debt platforms. Geopolitical and...By: Katten Muchin Rosenman LLP
U.S. Government designates Brazil’s Primeiro Comando da Capital (PCC) and Comando Vermelho as terrorist organizations
On May 28, 2026, the U.S. Secretary of State Marco Rubio announced that the Department of State designated Primeiro Comando da Capital (PCC) and Comando Vermelho (CV) as Specially Designated Global Terrorists (SDGTs) under Executive Order 13,224, effective immediately. The State Department simultaneously announced its intention to designate both organizations as Foreign Terrorist Organizations (FTOs) under Section 219 of the Immigration and Nationality Act (INA), with an effective date of June...By: Hogan Lovells
Fuelling the Future: Unlocking the UK's biofuels potential for net zero
Read the key takeaways from our panel discussion on how regulatory support and innovation can position the country as a leader in sustainable energy - On 6 November 2025, we hosted the second seminar in our Chasing Zero – Energy Transition seminar series titled Fuelling the Future: Unlocking the UK’s biofuels potential for Net Zero....By: Herbert Smith Freehills Kramer
Florida Appeals Court Decisions Week of May 25 - 29, 2026
U.S. Eleventh Circuit Court of Appeals - Citadel Sec v. SEC - administrative review, trading, latency arbitrage - Khatabi v. Car Auto - sex discrimination, damages caps - Declan Flight v. Textron eAviation - forum non conveniens, personal jurisdiction - USA v. Irons - sentencing - Drummond v. Southern Co Servs - ERISA, payment calculations......By: Carlton Fields
Treasury announces mandatory survey of foreign residents’ holdings of U.S. securities
On May 22, Treasury issued a notice of reporting requirements in the Federal Register, announcing that it is conducting a mandatory survey of foreign residents’ holdings of U.S. securities, including equities, short-term debt securities (including selected money market instruments), and long-term debt securities, as of June 30. Entities required to report will be contacted individually by the Federal Reserve Bank of New York (FRBNY)....By: Orrick, Herrington & Sutcliffe LLP
African competition authorities and the regulation of digital markets
Digital markets are a priority enforcement area for consumer and competition enforcement in Africa, but questions remain as to how best to regulate them. Around the world, competition authorities are ramping up enforcement in digital markets through dedicated legislation (eg, the EU Digital Markets Act (DMA)), amended competition laws (eg, Germany), or new enforcement units (eg, India, Japan)....By: Herbert Smith Freehills Kramer
Hong Kong Court Applies Doctrine of Estoppel to Vacate Registration of Notice of Application for Ancillary Relief
In a recent decision, the Court of First Instance of Hong Kong provided clarity on how mortgagees can resolve the difficulties that arise from a matrimonial claim registered against the mortgaged property....By: Kennedys
Good News, Bad Reality: Fees Are Falling, But Someone Is Still Overpaying
Every year, the 401(k) Averages Book comes out and tells us something we already know—but somehow still manage to ignore....By: Ary Rosenbaum - The Rosenbaum Law Firm P.C.
Missouri sues crypto ATM operator for allegedly enabling fraudulent transactions and concealing fees
On May 20, the Missouri Office of the Attorney General (OAG) announced that it filed a petition in the Circuit Court of Jasper County against a cryptocurrency ATM operator, alleging the company failed to protect consumers from fraudulent transactions processed through its kiosks and misrepresented the fees charged for transactions in violation of the Missouri Merchandising Practices Act (MMPA)....By: Orrick, Herrington & Sutcliffe LLP
Texas attorney general sues solar company for alleged deceptive business and financing practices
On May 21, the Texas Office of the Attorney General (OAG) announced it filed a petition in the District Court of Bexar County against a solar panel company for allegedly engaging in fraudulent and deceptive practices through its sale of solar panel systems in violation of the Texas Deceptive Trade Practices Act (DTPA)....By: Orrick, Herrington & Sutcliffe LLP
[Video] AI Today in 5: June 1, 2026, The AI is Infrastructure Edition
Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the AI Today In 5. All, from the Compliance Podcast Network. Each day, we consider five stories from the business world, compliance, ethics, risk management, leadership, or general interest about AI. Top AI stories include: • Compliance is becoming infrastructure. (FinTech Global):...By: Thomas Fox - Compliance Evangelist
Mise à jour économique du printemps de 2026 : Principales initiatives pour le secteur des infrastructures
Le 28 avril 2026, le ministère des Finances du Canada a publié la Mise à jour économique du printemps de 2026 (la « Mise à jour économique »). La Mise à jour économique s’inscrit dans un contexte d’incertitude mondiale tempérée par la résilience nationale. Elle offre une vision globale de l’état actuel de l’économie canadienne et précise les axes de la politique économique du pays....By: Blake, Cassels & Graydon LLP
Que devrais-je savoir au sujet des droits conditionnels à la valeur?
Après une brève baisse de popularité sur le marché canadien des fusions et acquisitions de sociétés ouvertes, les droits conditionnels à la valeur (les « DCV ») connaissent un regain d’intérêt puisque les acquéreurs et les sociétés cibles les voient comme un moyen de combler d’éventuels écarts d’évaluation attribuables à une étape clé, à un élément d’actif ou à un résultat de performance à la suite de la réalisation de l’opération. Les DCV confèrent aux actionnaires de la société cible un droit...By: Blake, Cassels & Graydon LLP
NYDFS issues dual advisories on ‘frontier AI’ cybersecurity risks and heightened threat preparedness
On May 21, NYDFS issued two industry letters addressing cybersecurity risks in a “heightened threat environment.” The first advisory warns regulated entities about heightened cybersecurity risks associated with advanced “frontier AI” models, which the department said “amplify the potency, scale, and speed of identifying vulnerabilities and exploits in information systems.”...By: Orrick, Herrington & Sutcliffe LLP
[Video] FCPA Compliance Report: Matt Ellis on Cartels, FTO Risk, and Corporate Compliance in Latin America
In this episode, Tom Fox welcomes Matt Ellis of Miller & Chevalier about the ACI “Cartels, TCOs and Compliance in Latin America” forum (July 20–21, Washington, DC) and why cartel/TCO/FTO risk is a timely 2026 compliance priority. Ellis describes the Trump administration’s focus on cartels, fentanyl, China’s influence, and the expanded enforcement toolkit—FCPA guidance linking to cartel activity, sanctions, AML actions (including FinCEN orders against Mexican financial institutions), and cartel...By: Thomas Fox - Compliance Evangelist
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