Insight
EDGAR Next: What Filers Should Know
by Niki Fang, Albert Vanderlaan and Bobby Bee | April.17.2025
Orrick's Capital Markets team addresses common questions for public companies regarding the SEC's new "EDGAR Next" rules.
Insight
Foreign Contractors Face New U.S. DEI Certification Requirements
by Laura L. Becking, Mike Delikat, Lisa Lupion and Tierra D. Piens | April.01.2025
Foreign companies with U.S. government contracts are facing new scrutiny under new executive order.
Insight
Updated Beneficial Ownership Reporting Rules: All U.S. Companies Are Exempt; Only Foreign Companies Must Report
by Benjamin Hutten, Jeanine P. McGuinness, Scott Porter and Maria Sergeyeva | March.24.2025
Under FinCEN’s new interim final rule only foreign entities registered to do business in the U.S. are required to file BOI reports.
Insight
SEC Issues Guidance on Use of Minimum Investment Amounts for Verifying Accredited Investor Status Under Rule 506(c)
by Dolph Hellman and Kenneth Rasamny | March.19.2025
Recent guidance from the SEC provides greater flexibility and clarity for issuers in verifying accredited investor status under Rule 506(c).
Insight
Fourth Circuit Reinstates Anti-DEI Executive Orders Pending Further Litigation
by Erin M. Connell, Mike Delikat, Esther Lander, Jill Rosenberg, E. Joshua Rosenkranz, Cesar Lopez-Morales, Gary Siniscalco and Ed Williams | March.17.2025
On March 14, the Fourth Circuit granted a government motion for a stay of a preliminary injunction blocking enforcement of EO 14151 and EO 14173.
Insight
Managing Fraud Risk in Consumer Wires
by Edward Somers, Elizabeth McGinn and Hayden Irwin | March.06.2025
In 2025, a federal district court has broadened a consumer protection law to cover wire transfers, impacting financial services.
Insight
Gaming & Gambling Update - March 2025
by Behnam Dayanim, Jeremy Kudon, Sarah Koch, Brad Fischer and Rachel Miller | March.04.2025
Missouri delays emergency sports wagering rules, Google is updating its Gambling and Games advertising policy, and a new nominee to chair the CFTC.
Insight
Corporate Transparency Act Beneficial Reporting Back in Effect – Stay Tuned
by Benjamin Hutten, Jeanine P. McGuinness, Ignacio Sandoval, Scott Porter, Maria Sergeyeva, Magda Gathani and Justin Seccombe | February.20.2025
Companies covered by the Corporate Transparency Act (CTA) are once again required to file beneficial ownership information (BOI) reports with FinCEN.
Insight
Telehealth Transformation: Innovating Mental Health Care
Life Sciences Snapshot – Q1 2025
February.19.2025
U.S. life sciences VC rebounded in 2024 with rising deal and exit value. Orrick’s Life Sciences Snapshot breaks down the key trends.
Insight
Maryland Mortgage Loan Purchasers Face New License Requirement
by Jedd Bellman, Kathryn Ryan, Clinton Rockwell, Daniel Bellovin and Orion Mountainspring | January.27.2025
Financial institutions that purchase mortgage loans in Maryland face a new requirement to obtain a state license.
Insight
Proposed HIPAA Security Rule Update: What It Means for Cybersecurity in Health Care
by Thora Johnson, Alyssa Wolfington and Michaela Frai | January.27.2025
The Department of Health and Human Services’ OCR issued a notice of proposed rulemaking (NPRM) to update the HIPAA Security Rule.
Insight
US Data Localization Law Coming Soon: DOJ Issues Final Rule on Certain Data Transfers to “Countries of Concern”
by Harry Clark, Benjamin Hutten, Thora Johnson, Jeanine P. McGuinness, Shannon Yavorsky, Elizabeth Zane, James Chou, Olivia Rauh and Cosmas Robless | January.17.2025
The DOJ has finalized prohibitions and restrictions on cross-border transfers of certain data to China and other “Countries of Concern.”