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Securities Class Action Filings 2025 Year in Review: Key Trends in Federal Filings
There were 16 filings in the AI trend category in 2025, with 12 filings occurring in 2025 H1 but only four filings occurring in 2025 H2. Cryptocurrency-related filings slightly increased, while COVID-19-related filings fell to its lowest level since the trend emerged....By: Cornerstone Research
IPOs Rising: What SEC Data Says About Small and Pre-Public Companies
The SEC’s Office of the Advocate for Small Business Capital Formation (OASB) recently published a data-packed report that spotlights the ways smaller companies are getting capital as they grow from startups to public companies and beyond....By: Cooley LLP
Structuring GP stakes investments: Practical considerations for stakeholders
The "GP stakes" market has grown significantly, with total deal value reaching over approximately $20 billion in 2025 according to data available from With Intelligence highlighting its shift from a niche to a mainstream strategy in private markets. GP stakes investing broadly refers to the acquisition of (typically) minority stake interests in fund managers or "GPs" by institutional investors and specialist fund managers....By: White & Case LLP
“Project Vault” signals a new era of federal demand support for critical minerals stockpiles
“Project Vault” is a first of its kind $12 billion strategic stockpile for critical minerals. By pairing Export-Import Bank financing with private capital, the Trump Administration is effectively underwriting demand and de-risking parts of the rare earth supply chain that have long struggled to reach commercial scale in the face of China’s dominance....By: Baker Botts L.L.P.
How to prepare for a downturn as a private credit lender
Despite a complex operating environment, persistent inflation and tariff-related economic disruption, private credit lending has remained robust, and portfolios have proven resilient. At the end of October, trailing one-year private credit defaults in the US came in at just 2.15% by value and 2.83% by deal count, outperforming public syndicated loan markets, according to private markets manager Future Standard....By: White & Case LLP
HUD Mortgagee Letter 2026-03 – Bridging the Gap Between Total Debt and CAFMV in the CWCOT Bidding Context
The U.S. Department of Housing and Urban Development (HUD) recently took concrete steps toward addressing industry concerns and uncertainty related to the Claims Without Conveyance of Title (CWCOT) foreclosure bidding process....By: Bradley Arant Boult Cummings LLP
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – February 2026
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week. Federal Activities: On January 30, the Federal Trade Commission (FTC) submitted to the Office of Management and Budget (OMB) two significant Advance Notices of Proposed Rulemaking (ANPRMs) — one to revisit the long‑standing Negative Option Rule governing prenotification negative option plans, and another to address...By: Troutman Pepper Locke
FDIC Amends Its Supervisory Appeals Review Process
On January 22, 2026, the Federal Deposit Insurance Corporation ("FDIC") amended its Guidelines for Appeals of Material Supervisory Determinations ("Guidelines"), creating a new standalone Office of Supervisory Appeals ("Office"). The Office and the new Guidelines apply to insured depository institutions supervised by the FDIC, and do not apply to institutions primarily supervised by the Office of the Comptroller of the Currency or the Board of Governors of the Federal Reserve. There is no set...By: White & Case LLP
SEC Commissioner Uyeda Describes Various Areas for Disclosure Reform in Remarks at the 53rd Annual Securities Regulation Institute
On January 13, 2026, United States Securities and Exchange Commission (SEC) Chairman Paul Atkins issued a statement in which he broadly noted that the disclosure requirements of Regulation S-K do not always yield "information that a reasonable investor would consider important in making an investment or voting decision." In light of that, Chairman Atkins instructed the Division of Corporation Finance to pursue a comprehensive review of Regulation S-K, which is well under way, and includes an...By: Katten Muchin Rosenman LLP
How Selig May Approach CFTC Agricultural Enforcement
On Dec. 22, following Senate confirmation, Michael Selig began his tenure as the new chairman of the U.S. Commodity Futures Trading Commission. Selig noted then he "welcome[s] the vital responsibility to oversee the stability and security of America's commodity derivatives markets during this period of rapid transformation." Originally published in Law360 - February 3, 2026....By: Latham & Watkins LLP
Why Being “Good at What You Do” Isn’t Enough Anymore
For years, plan providers survived on a simple premise: do solid work, keep clients happy, and the business will come. That world doesn’t exist anymore....By: Ary Rosenbaum - The Rosenbaum Law Firm P.C.
Alberta Court Affirms Single-Proceeding Model: Royalty Arrears Claims Must Be Pursued First in Insolvency Proceedings
On January 26, 2026, the Court of King’s Bench of Alberta (ABKB) held that the Alberta Department of Energy and Minerals (Alberta Energy) is required to first advance its claim for royalty arrears owed by an insolvent energy company within ongoing restructuring proceedings of that insolvent company, before seeking recovery from jointly liable solvent co-lessees....By: Blake, Cassels & Graydon LLP
Australian Government Passes New Hate Crime Legislation: What Businesses Should Know
New hate crime legislation has important implications that Australian businesses should be aware of and reflects a continued emphasis on corporate responsibility in relation to who companies interact with across their supply and value chains. Following the December 2025 Bondi attack, the Commonwealth government fast tracked passing of the Combatting Antisemitism, Hate and Extremism (Criminal and Migration Laws) Act 2026 (Cth) (the Act), which took effect on 22 January 2026....By: Herbert Smith Freehills Kramer
The INVEST Act: A Harbinger of New Investment and Product Development Opportunities?
In a recent speech before the New York Stock Exchange on revitalizing the securities markets, SEC Chairman Paul Atkins remarked that over the past three decades the number of public companies listed on U.S. stock exchanges has dropped by roughly 40%. Atkins attributed this decline in part to regulatory creep that has narrowed the path to public ownership and made the capital formation process costlier and overly burdened with rules that often create more friction than benefit....By: Carlton Fields
Regulatory Monitoring - January 2026
BaFin published its yearly update on its report regarding Risks in BaFin’s Focus, accompanied by a press release. The report identifies the following six top risks for financial institutions, arising from: (i) significant corrections on the international financial markets; (ii) corporate loan defaults; (iii) commercial real estate markets; (iv) cyber incidents with serious consequences; (v) market concentration due to the outsourcing of ICT services; and (vi) insufficient measures to prevent...By: A&O Shearman
IRS Issues Updated Safe Harbor Rollover Notices
Retirement plan sponsors should take note of new IRS safe harbor rollover notices. As a reminder, section 402(f) of the Internal Revenue Code requires retirement plan administrators to provide recipients of eligible rollover distributions with a written explanation of their rollover options and the associated tax consequences....By: Proskauer - Employee Benefits & Executive
New California Law Imposes Reporting Requirements on Venture Capital Firms
California is implementing a sweeping new statutory framework that will require venture capital firms and certain other private investment vehicles with a California nexus to collect and report, on an anonymized basis, certain aggregated demographic information of their portfolio companies’ founding teams on an annual basis....By: WilmerHale
What Should CRE Owners and Investors Know About FinCEN’s New Transaction Reporting Rules?
Federal oversight of commercial real estate transactions is increasing. Beginning in 2025 and 2026, new reporting requirements issued by the Financial Crimes Enforcement Network (FinCEN) will require certain real estate transactions to disclose ownership and transaction‑level information to the federal government....By: Woods Rogers
[Video] Great Women in Compliance: GWIC 300 - The GWICies
Today is a milestone. It is episode 300, and marks 100 episodes since Hemma joined Lisa as a co-host and Ellen and Sarah made us what we call “Team GWIC.” To recognize this, we go together to recognize some of the individuals and values that define our profession. We highlight some of the amazing people who have supported us and the profession, including culture carriers, change agents, mentors, Great Gentlemen in Compliance, and collaborators and supporters. We also wanted to recognize some...By: Thomas Fox - Compliance Evangelist
EB-5 Concurrent Filing – What Has Changed?
Concurrent filing provides many of the essential rights and benefits of permanent residence while EB-5 investors are going through the EB-5 application process with U.S. Citizenship and Immigration Services (USCIS)....By: American Lending Center
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