Insight
Massachusetts Adopts Law to Regulate Domestic Money Transmission
January.10.2025
The new law is generally consistent with the Money Transmission Modernization Act (MTMA) and takes effect in September 2025.
Insight
Corporate Transparency Act on Hold (Again), Pending Further Litigation
December.27.2024
The Corporate Transparency Act (CTA) is once again enjoined nationwide, and the CTA’s requirements to file reports of beneficial ownership are again ...
Insight
CFPB Spotlights Illegal Credit Card Rewards Practices and Rolls Out Novel Consumer Tool
by Sasha Leonhardt | December.26.2024
The CFPB has cautioned companies against what it views as illegal or unlawful credit card rewards practices.
Insight
Life Sciences Snapshot – Q4 2024 – A Quarterly Report on Financing Trends
December.20.2024
Healthtech Horizons: Navigating Regulation, Investment, and Strategy in a Transforming Market
Insight
Section 48 Energy Investment Tax Credit: Final Regulations Released
December.19.2024
The U.S. Treasury and IRS have released final regulations for the energy investment tax credit under Section 48 of the Internal Revenue Code.
Insight
SEC Stays Some Regulation NMS Amendments
by Ignacio Sandoval | December.18.2024
The Securities and Exchange Commission (SEC) has granted a partial stay of the amendments to Rules 610 and 612 of Regulation NMS.
Insight
Fifth Circuit Strikes Down Nasdaq Board Diversity Rules
by Albert Vanderlaan, Soo Hwang and Bobby Bee | December.18.2024
The U.S. Court of Appeals for the Fifth Circuit vacated the SEC’s approval of Nasdaq’s board diversity rules.
Insight
CFPB Eyes More Oversight of Major Consumer Payment Nonbanks
by John Coleman, Edward Somers and Samantha Goldberg-Seder | December.17.2024
The CFPB adopted a final rule providing for increased oversight of companies offering consumer payment products like mobile apps and digital wallets.
Insight
FPPC Puts Focus on Public Agency Bond Issue Mailers
by John Palmer, Eugene Clark-Herrera, Donald Field and Lauren Herrera | December.16.2024
Public agencies considering bond campaigns in California should take note of a recent stipulation involving information that agencies sometimes share ...
Insight
SEC Comment Letter Trend: AI-Related Disclosures
by Marsha Mogilevich, Albert Vanderlaan and Bobby Bee | December.12.2024
Orrick's summary of SEC disclosure comments surrounding the use of AI and key issues raised through its guidance & enforcement actions as of October ...
Insight
CFPB Rule Would Affect Data Brokers and More
by Marshall Bell, Sherry-Maria Safchuk, Sasha Leonhardt and Shannon Yavorsky | December.11.2024
The CFPB has proposed subjecting data brokers to FCRA requirements.
Insight
Corporate Transparency Act On Hold Nationwide
by Benjamin Hutten, Robert Loeb, Cesar Lopez-Morales, Jeanine P. McGuinness, Scott Porter and Maria Sergeyeva | December.06.2024
We expect FinCEN to clarify the impact of the court’s order soon, but it may take time to determine the CTA’s fate.