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Robinhood Markets Inc. v. Sodha: The Supreme Court Asked to Draw the Line on Intra-Quarter Disclosures
Our Securities Litigation Group examines a recent Ninth Circuit ruling arising from Robinhood’s IPO....By: Alston & Bird
Capital Markets Insight: Investment Bank and Private Equity Sponsor Insider Trading Policies: A Survey of Key Provisions
Mayer Brown analyzed 34 insider trading policies to understand how large financial institutions address the heightened insider trading risks they face relative to other public companies. We analyzed the insider trading policies of 24 publicly traded investment banks, nine publicly traded private equity sponsors and one publicly traded financial institution with substantial operations in both investment banking and private equity management (which institution we include in both the investment...By: Mayer Brown Free Writings + Perspectives
On the Same Page: SEC Leadership Articulates Enforcement Priorities, Aligns with DOJ and CFTC
Our White Collar, Government & Internal Investigations Team analyzes recent remarks from Securities and Exchange Commission (SEC) leaders outlining a return to core enforcement priorities and signaling a more focused, coordinated approach among federal agencies....By: Alston & Bird
Updates to Securities Act Rules CDIs
In what is developing into quite a busy time at the Securities and Exchange Commission, on February 11, 2026, the Staff of the Division of Corporation Finance (the “Division”) made updates and changes to the Division’s Compliance and Disclosure Interpretations (“CDIs”)....By: Mayer Brown Free Writings + Perspectives
EIOPA Consults on Supervisory Statement for Authorizing and Supervising (Re)insurance Undertakings Related to Private Equity
On 2 February 2026, EIOPA published its “Consultation Paper on the Supervisory Statement on the Authorisation and Ongoing Supervision of (Re-)insurance Undertakings Related to Private Equity”....By: Skadden, Arps, Slate, Meagher & Flom LLP
Legal Lingo: Carried Interest Taxation - Don’t Get Carried Away!
Being an aspiring commercial lawyer often means being confronted by complex, often abstract, concepts leading to an often impenetrable wall of jargon for students and trainees....By: Ropes & Gray LLP
Trump Administration Prohibits SBA Loans to Noncitizens
For years, Small Business Administration (SBA)-backed small business loans were available to borrowers that were at least 51% owned by U.S. citizens, U.S. nationals, and/or U.S. legal permanent residents (LPRs also known as “green card” holders)....By: Dickinson Wright
Record High Median Securities Class Action Settlement Amount Amid Slower Settlement Activity in 2025
The median settlement amount in securities class actions reached a nearly three-decade high of $17.3 million in 2025, while the total number of settlements declined, according to a report released today by Cornerstone Research....By: Cornerstone Research
Parametric Special Purpose Insurers
On 21 January 2026, the Bermuda Monetary Authority (BMA) published a consultation paper to introduce a proposed new class of Special Purpose Insurer (SPI), the Parametric Special Purpose Insurer (PSPI)....By: Conyers
There’s Plenty of Resilience in the Multifamily Sector
The multifamily outlook remains positive across both Northern and Southern California, though overall sentiment has dipped slightly relative to the Summer 2025 Survey....By: Allen Matkins
Bermuda Captive Education Summit: BMA insights on captive licence applications
On 20 January 2026, the Bermuda Monetary Authority (“BMA”) appeared at the Bermuda Captive Network’s half-day education summit, speaking on what is required to make a meaningful captive licence application and reminding attendees of the role of the Insurance Assessment and Licensing Committee (“IALC”)....By: Carey Olsen
OCC Mortgage Escrow Rules Add Fuel To Preemption Debate
On Dec. 23, 2025, the Office of the Comptroller of the Currency launched an offensive in an ongoing regulatory battle over the powers reserved for national banks. Originally Published by Law360 - February 17, 2026....By: Bradley Arant Boult Cummings LLP
Proposed New York CRYPTO Act Seeks to Criminalize Unlicensed Crypto Activities
On January 14, 2026, New York lawmakers kicked off the year by introducing a major proposal to strengthen the state’s approach to cryptocurrency regulation: the Cryptocurrency Regulation Yields Protections, Trust, and Oversight Act, or “CRYPTO Act.” Announced by Manhattan District Attorney Alvin Bragg and State Senator Zellnor Myrie, the proposal would amend New York’s Financial Services Law to criminalize operating a virtual currency business without the required state license....By: Sheppard Mullin Richter & Hampton LLP
Transition finance: What’s the (transition) plan? (UPDATED)
The net zero transition requires investment that enables the decarbonization of the whole economy, including high-emitting and hard-to-abate sectors. The transition of those sectors has attracted especial attention from regulators, financiers, litigants and wider stakeholders....By: A&O Shearman
Optimism is High in San Francisco and Silicon Valley, but Recovery is Slow in Other Areas
Expectations for a broad office recovery remain cautious, particularly in Southern California, where most respondents to the Winter 2026 Allen Matkins/UCLA Anderson Forecast California Office Real Estate Survey do not anticipate a new development cycle within the next three years....By: Allen Matkins
Global Fund Finance Symposium 2026: Evolving Market Trends
The Ropes & Gray fund finance team recently attended this year’s Fund Finance Association’s Global Symposium, where industry leaders convened to discuss the latest developments in fund finance....By: Ropes & Gray LLP
Hyperscalers in Financial Services & Insurance
Financial institutions have adopted cloud services in a big way, using hyperscalers for transaction systems, customer platforms, analytics, fraud detection, risk modeling, and cybersecurity tooling....By: Mogin Law LLP
FINRA Updates Guidance on Negative Consent for Bulk Transfer/Assignment of Customer Accounts
The Financial Industry Regulatory Authority (FINRA) on February 6, 2026, released Notice 26-03 (Notice), which consolidates and modernizes guidance on the use of negative consent for bulk transfers or assignments of customer accounts. The Notice represents a significant shift in FINRA's approach by eliminating the long-standing practice whereby member firms submit draft negative consent customer letters to FINRA staff for review prior to any bulk transfer or assignment of customer accounts. This...By: Holland & Knight LLP
FinCEN Eases Beneficial Ownership Requirements Under CDD Rule
FinCEN has issued an order granting exceptive relief from the longstanding requirement that covered financial institutions (CFIs) identify and verify the beneficial owners of legal entity customers every time a new account is opened. CFIs now need to collect and verify beneficial ownership information once per customer and then update it only when risk or new information warrants. While CFIs must still comply with all other Bank Secrecy Act (BSA) and anti-money laundering and counter-financing...By: Troutman Pepper Locke
The Ninth Circuit's Expansive Reading of "Financial Accommodations" that Cannot Be Assumed or Assigned in Bankruptcy
It is generally well understood that agreements to extend credit or provide financing to a debtor cannot be assumed or assigned in bankruptcy. Even so, the provision of the Bankruptcy Code that precludes assumption or assignment—section 365(c)(2)—also extends to "financial accommodations," a term that is not defined in the Bankruptcy Code and has been the subject of relatively few bankruptcy and appellate court rulings. The U.S. Court of Appeals for the Ninth Circuit examined the meaning of the...By: Jones Day
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