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Doing Business in Venezuela Under OFAC General Licenses: What U.S. Persons May and May Not Do Without a Specific License
Introduction: U.S. sanctions involving Venezuela remain complex, highly fact-specific, and subject to frequent change. Although the Office of Foreign Assets Control (“OFAC”) has issued a number of Venezuela-related General Licenses, those authorizations are not a complete lifting of sanctions....By: Friling Law
[Podcast] The Cloakroom with Peter Roskam: 37th Annual Legislative Seminar – Congressman Ted Lieu, D-CA
Former Congressman Peter Roskam, who leads BakerHostetler’s Federal Policy team, provides listeners with a front-row seat to the most important policy and political debates in Congress. In this episode of “The Cloakroom with Peter Roskam,” Peter is joined at the 37th Annual Legislative Seminar in Washington, D.C., by his BakerHostetler colleague, former Congressman Heath Shuler. Also joining is Congressman Ted Lieu, a Democrat from California. Lieu is the vice chairman of the Democratic Caucus,...By: BakerHostetler
SNDAs from the Tenant's Perspective: What to Negotiate and Why It Matters
When a tenant invests significant capital, time and resources in a leased location encumbered by a mortgage or other loan secured by the premises, a Subordination, Non-Disturbance, and Attornment Agreement (SNDA) is an important document to help protect its investment. The multiparty dynamic of these agreements requires careful navigation because a poorly negotiated SNDA can undermine hard-won rights negotiated in the lease at the very moment a tenant can least afford to lose them....By: Holland & Knight LLP
OFSI at Ten: Strategy Update
On 15 April 2026, the Office of Financial Sanctions Implementation (OFSI) published a strategy document for 2026–2029 (available here) (the ‘Strategy’), marking its tenth anniversary. The Strategy sets out a three-year plan to ensure UK financial sanctions remain effective, resilient and impactful....By: Ropes & Gray LLP
How to Stay Ahead of the Risk That Your Insiders Could Trade on Prediction Markets
Event contracts — the term for what prediction markets offer — are not new. The Commodity Futures Trading Commission (CFTC) has regulated trading of event contracts, such as weather contracts, for decades....By: Skadden, Arps, Slate, Meagher & Flom LLP
Regulatory Update – SEC Proposes Form PF Amendments and Raises “Qualified Client” Thresholds
On April 20, 2026, the Securities and Exchange Commission (the “SEC”) and Commodity Futures Trading Commission (the “CFTC”, and together with the SEC, the “Commissions”) issued a release proposing amendments to Form PF (the “Proposed Amendments”)....By: Tannenbaum Helpern
Business Identity Theft: How Corporate Hijacking Works and What to Do
The first clue is usually boring. A tax refund check never arrives. A state business-registry email says “access granted,” but no one at the company requested access. A bank fraud department calls about a business account the company never opened....By: Dickinson Wright
Interview: How AI Is Driving M&A … and Changing the Process
Economic and political factors are major drivers of the uptick in mergers this year, says Drago Rajkovic, Citigroup’s co-head of M&A. But it’s also hard to underestimate the effect of artificial intelligence (AI), as the impact of the billions of dollars flowing into AI developers spreads across the economy....By: Skadden, Arps, Slate, Meagher & Flom LLP
[Video] Everything Compliance: Shout Out & Rants - New Season, New Host and New Lineup
Welcome to a revamped Everything Compliance Shout Outs and Rants. We have a new host, Adam Turteltaub, and a new panelist, Rebecca Walker, who joins returning regulars Matt Kelly, Jonathan Armstrong, and Karen Moore for the next iteration of Everything Compliance Shout Outs and Rants. • Adam thanks Tom Fox, critiques his own timing, and notes Pope Leo XIV’s AI encyclical, urging attention to human factors. • Rebecca praises Georgetown University’s Jesuit values—“men and women for others” and...By: Thomas Fox - Compliance Evangelist
The SEC’s General Counsel Rusty McGranahan: 12 Things to Know
Here are 12 key takeaways from my interview with SEC General Counsel Rusty McGranahan that I blogged about last week: Be Bold and Creative: Rusty repeatedly encouraged companies and lawyers to actively consider the new options being proposed by the Commission....By: Cooley LLP
Key Legal Trends Shaping M&A in 2026
After a period of relative slowdown, global M&A activity is showing signs of recovery. Financing markets have become more constructive, interest rates expectations have stabilised and both private equity sponsors and corporates are re-engaging with opportunities. The environment in which deals are being executed has changed. Against that backdrop, we are launching The Buyer’s Playbook, a series of practical insights into the legal considerations that matter most to buyers in M&A transactions....By: Paul Hastings LLP
Banking Trade Groups Urge Tenth Circuit to Reject Colorado’s Attempt to Apply Its Usury Laws to Interstate Loans Made by Out-of-State State Banks
On June 4, 2026, the American Bankers Association, Bank Policy Institute, Consumer Bankers Association, America’s Credit Unions, and 52 state bankers associations filed a supplemental amicus brief supporting the plaintiffs in the en banc proceeding pending before the U.S. Court of Appeals for the Tenth Circuit in National Association of Industrial Bankers v. Weiser. Ballard Spahr attorneys Burt Rublin, Alan Kaplinsky, and Ron Vaske represent the amici....By: Ballard Spahr LLP
CFTC Issues New Enforcement Policy On Cooperation
On May 19, 2026, the Commodity Futures Trading Commission (“CFTC”) published a staff advisory letter to the Division of Enforcement which outlined a new policy for evaluating a party’s cooperation with the agency and superseded prior policies. CFTC Letter No. 26-151 (“Letter”) describes the Division’s approach to cooperation when pursuing potential violations of the Commodity Exchange Act (“CEA”) and CFTC Regulations....By: A&O Shearman
[Video] AI Today in 5: June 9, 2026, The OpenAI Files to go Public Edition
Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to AI Today In 5. All, from the Compliance Podcast Network. Each day, we consider five stories from the business world, compliance, ethics, risk management, leadership, or general interest about AI. Top AI stories include: • AI-ready compliance for reg tech. (FinTechGlobal):...By: Thomas Fox - Compliance Evangelist
How Tokenization and Programmable Assets Could Reshape Capital Markets
A trend with the potential to reshape capital markets is asset automation. By this, we mean the coding of operational and business rules and processes directly into financial assets. Let’s start with an example. Take a share of stock in a booming, private company. Board approval is required for the share to be transferred. And say someone attempts to transfer his or her share without approval. This occurs often, and when it eventually needs to be unwound, it involves lawyers, transfer agents,...By: Womble Bond Dickinson
House Committee On Oversight And Government Reform Opens Prediction Markets Insider Trading Probe
On May 22, 2026, House Committee on Oversight and Government Reform (“Committee”) Chairman James Comer opened an investigation into how users of prediction market platforms potentially are using nonpublic information to engage in insider trading. Chairman Comer has requested documents and information to assess how the platforms verify the identities of domestic and foreign account holders, enforce geographic restrictions, and monitor suspicious trading activity to guard against insider...By: A&O Shearman
ILPA publishes guidance on allocation of organizational expenses in PE fund formation with emphasis on mega funds
The Institutional Limited Partners Association (ILPA) released new guidance last month titled, "The Alignment Gap: Rethinking Costs in Private Equity Fund Formation," which proposes a framework to address what ILPA characterizes as misaligned incentives and rising organizational expenses in private equity fund formation....By: DLA Piper
China rising: How cross-border deals and Beijing’s reform push is reviving the M&A landscape
After years of regulatory uncertainty, new dealmaking policies and cross-border appetite are breathing life into Chinese M&A - China’s M&A market staged one of its strongest recoveries in recent memory last year, with deal activity hitting its highest levels since 2021. This new momentum is being powered by a wave of capital markets reforms and pro-dealmaking policies that caught observers outside of China off guard....By: White & Case LLP
Judge Enjoins Illinois Law’s Interchange Fee Restrictions; Reaffirms Invalidation of Data Usage Limitation
On June 1, 2026, the Northern District of Illinois materially altered its prior ruling on the Illinois Interchange Fee Prohibition Act (IFPA), preventing the law’s interchange fee restrictions from applying to key participants in the payment system. See our prior Client Alert on this case. This decision follows intervening regulatory action by the Office of the Comptroller of the Currency (OCC) and comes as the IFPA’s effective date remains in flux....By: Winthrop & Weinstine, P.A.
Payroll Providers 401(k) TPAs Are A Convenience Trap
I’ve been around this business long enough to know that not every opinion ages well. Some soften, some mature, and some just fade away as experience replaces instinct. I used to think rap music had nothing to offer. I was wrong. I thought golf was a waste of time. Wrong again. Even my early skepticism about producing TPAs changed once I saw what the good ones actually do. But there’s one opinion that hasn’t budged in over a decade: the two largest payroll provider TPAs still aren’t very good at...By: Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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