The U.S. District Court for the Southern District of New York held that certain syndicated loans sold to institutional investors are not "securities" and rejected claims of violations of federal and state securities laws.
An animal nutrition company involved in the sales of agricultural commodities outside of the United States agreed to settle OFAC charges for violations of the Cuban Assets Control Regulations.
A financial institution involved in travel-related and credit card services settled OFAC charges for violations of the Weapons of Mass Destruction Proliferators Sanctions Regulations.
The SEC charged a former executive of a UK-based subsidiary of a U.S. publicly traded bank holding company with violating the Foreign Corrupt Practices Act.
Several congressional members urged Treasury Secretary Steven Mnuchin to address liquidity challenges facing mortgage servicers in order to prevent an "impending crisis" within the mortgage servicing sector.
President Trump issued an Executive Order establishing the Committee for the Assessment of Foreign Participation in the United States Telecommunications Services Sector.
The California Attorney General proposed additional modifications to proposed regulations for the California Consumer Privacy Act. The Act went into effect on January 1, 2020, and will be enforced starting July 1, 2020.
The CFPB issued its semi-annual report to Congress. The report highlighted significant financial product and service issues consumers faced between April 1, 2019 and September 30, 2019.
The SEC filed a Complaint in U.S. District Court against a former executive of a manufacturing company for making illegal trades using material non-public information.
A Switzerland-based telecommunications and information technology services company settled potential civil liability stemming from apparent violations of the Global Terrorism Sanctions Regulations.
A foreign private issuer settled SEC charges for failing to make required disclosures concerning certain "trends and uncertainties" that resulted in materially misleading financial results.
The Congressional Research Service provided an overview of the current authority of the Committee on Foreign Investment in the United States following the recent implementation of the Foreign Investment Risk Review Modernization Act.
The U.S. District Court of the Southern District of New York dismissed a lawsuit brought by several State Attorneys General to block a proposed merger between T-Mobile and Sprint.
On July 25, 2019, New York Governor Andrew Cuomo signed two bills into law designed to enhance cybersecurity protections by updating New York's data breach notification law.
On September 9, 2019, the U.S. Court of Appeals for the Ninth Circuit ruled that LinkedIn cannot stop a data analytics company from using publicly available information from LinkedIn's website.
The world's second largest aerospace company agreed to settle charges brought by regulators in the U.S., the UK and France stemming from a global foreign bribery scheme and arms control violations.
The Precedential Opinion Panel of the Patent Trial and Appeal Board clarified what a petitioner must include in a patent dispute to establish that a potentially invalidating document was publicly available before the patent filing.
FTC finalized annual revisions to the dollar jurisdictional thresholds in Section 7A of the Clayton Act and the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
