Asset Management

  • January 21, 2026

    Ex-TD Bank Worker Cops To Taking Money Laundering Bribes

    A former New Jersey-based TD Bank NA employee pled guilty on Wednesday to accepting bribes and leveraging his position to facilitate the movement of over $26 million to Colombia through TD Bank accounts.

  • January 21, 2026

    Schwab Nixed From DOL Enforcement Suit Against Other Firm

    A Pennsylvania federal judge on Wednesday dismissed two Schwab companies from a U.S. Department of Labor enforcement case, finding the financial services providers' participation was no longer needed in the agency's dispute against another firm.

  • January 21, 2026

    SEC Accuses Unregistered NJ Adviser Of $1.6M Client Fraud

    The U.S. Securities and Exchange Commission has accused a New Jersey-based investment adviser of losing $1.6 million on behalf of clients who were allegedly duped into believing he was a licensed securities trader with years of experience in the industry.

  • January 21, 2026

    Cloover Raises $1.22B Via Series A, Debt Facility

    Cloover announced Wednesday that the green fintech company raised $22 million via a Series A equity financing as well as a $1.2 billion debt facility from a leading European bank, guided by Orrick Herrington & Sutcliffe LLP. 

  • January 21, 2026

    FINRA Says Firm Broke Reg BI By Not Spotting Risky Trading

    The Financial Industry Regulatory Authority has accused a broker-dealer and its ex-CEO of violating Regulation Best Interest by failing to identify suspicious, excessive trading in a customer account by a representative of the firm, causing the client $1.2 million in losses.

  • January 21, 2026

    Feds Oppose Bail For Conn. Oil Trader During FCPA Appeal

    Federal prosecutors are fighting an oil trader's bid for freedom while he appeals a 15-month Foreign Corrupt Practices Act prison sentence, arguing the trader should begin serving time by Feb. 9 because his jury conviction probably won't be reversed.

  • January 21, 2026

    UPS Strikes Deal In Class Action Over Pay For Military Leave

    UPS has reached a deal to end a class action alleging the package delivery giant violated federal law by failing to pay drivers for short-term military leave despite providing compensation for jury duty and other short-term absences, according to a filing in Washington federal court.

  • January 21, 2026

    Blueprint Closes Oversubscribed $333M Tech-Focused Fund

    San Diego-based growth equity firm Blueprint Equity said Wednesday it has raised $333 million for its third fund, pushing the firm to more than $600 million of assets under management.

  • January 21, 2026

    Jefferies Steered Feds To $200M Water Ponzi Case, Judge Told

    Two men charged in connection with an allegedly massive water-vending Ponzi scheme were investigated after counsel for investment giant Jefferies — one defendant's former employer — walked the case into the Manhattan U.S. attorney's office, a federal judge heard Wednesday.

  • January 21, 2026

    Trump Order On Wall Street Landlords Floats Antitrust Review

    President Donald Trump has signed an executive order directing federal agencies to avoid supporting single-family home purchases by institutional investors, calling the practice an impediment to homeownership for U.S. families.

  • January 20, 2026

    FINRA Says Firms Ignored Red Flags About Overseas Biz

    The Financial Industry Regulatory Authority has accused a pair of broker-dealers of failing to investigate red flags related to underwriting foreign customers' transactions and of not disclosing certain compensation, while the firms separately sued the regulator in Illinois federal court for overreach they claim blocked them from underwriting engagements.

  • January 20, 2026

    Adviser Can't Freeze Funds From $2.1B Plymouth REIT Buy

    A Massachusetts state judge declined Tuesday to set aside $60 million from a pending $2.1 billion deal to take Plymouth Industrial REIT private, finding the criteria to escrow the funds as a "debt" to Plymouth's financial adviser were not met.

  • January 20, 2026

    Trump Media Investor Says Insider Trading Trial Was Flawed

    A Florida trader sentenced to over two years in prison for insider trading on confidential plans to take President Donald Trump's media company behind Truth Social public urged the Second Circuit on Tuesday to reverse his conviction, saying the lower court wrongly excluded evidence at trial that backed his claims of acting in good faith.

  • January 20, 2026

    Firms Clash Over Starbucks Derivative Suit Leadership

    Plaintiffs in recent shareholder lawsuits against Starbucks Corp. leaders are challenging a Seattle federal judge's appointment of two New York law firms to co-lead similar litigation consolidated last year, arguing that the chosen firms are already "spread too thin" across hundreds of complex cases.

  • January 20, 2026

    John Roberts Welcomes John Roberts To Supreme Court

    U.S. Supreme Court advocates have tips galore for staying calm at a debut argument, including diligent preparation, mindful breathing and treating the event as a conversation. But a Proskauer Rose LLP attorney benefited Tuesday from a distinctive development: the chief justice's introductory jest about the two of them not being related.

  • January 20, 2026

    FINRA Fines Cetera $1.1M For Supervision Failures

    Cetera Advisors LLC and its related companies have agreed to pay the Financial Industry Regulatory Authority $1.1 million to settle claims they had insufficient supervisory systems and suspicious transaction reporting procedures.

  • January 20, 2026

    Law360 Names Firms Of The Year

    Eight law firms have earned spots as Law360's Firms of the Year, with 48 Practice Group of the Year awards among them, achieving milestones such as high-profile litigation wins at the U.S. Supreme Court and 11-figure merger deals.

  • January 20, 2026

    SEC Picks Kirkland Partner For Corp. Finance Deputy Director

    The U.S. Securities and Exchange Commission announced Tuesday that a Kirkland & Ellis LLP partner and counsel to a former commissioner will be deputy director of the Division of Corporation Finance.

  • January 20, 2026

    Justices Icy To Time Limits For Multiemployer Plan Actuaries

    The U.S. Supreme Court appeared skeptical Tuesday of a push by employers to prohibit pension plan actuaries from retroactively changing assumptions used to calculate how much employers must pay when they withdraw from multiemployer funds, with multiple justices questioning whether a timing rule aligned with federal benefits law.

  • January 20, 2026

    FTX Trust Hit With Sanctions After Ch. 11 Donation Fight Loss

    The FTX Recovery Trust is facing sanctions after losing its bid to claw back a $650,000 bonus given to an employee of the defunct cryptocurrency exchange that was earmarked for charitable purposes, with a Delaware bankruptcy judge saying the trust's efforts were harmful to all parties involved.

  • January 20, 2026

    CFTC Chair Calls Up Ex-BigLaw Atty For Adviser Role

    U.S. Commodity Futures Trading Commission Chair Michael Selig on Tuesday appointed a former Simpson Thacher & Bartlett LLP crypto attorney and a former Treasury Department employee to advise him as he promised to update the agency's rulebook to "unleash innovation."

  • January 20, 2026

    Clifford Chance US Funds Leaders Leap To Sidley

    Sidley Austin LLP announced Tuesday that it has hired three partners from Clifford Chance LLP, including two former co-heads of the U.S. funds and investment management practice.

  • January 20, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court wrapped up last week with a mix of deal litigation, governance fights and disclosure battles, including a proposed settlement over a contested medical device sale, a merits dismissal tied to a $2 billion biotech exit and dueling lawsuits over Paramount Skydance's pursuit of Warner Bros. Discovery.

  • January 20, 2026

    2 Financial Companies Unveil Plans For Total $600M IPOs

    Two private equity-backed financial-focused companies launched plans for their public debuts Tuesday, disclosing to U.S. regulators plans to raise a combined $600 million between the two initial public offerings.

  • January 20, 2026

    Heitman Clinches $2B Real Estate Fund

    Real estate investment management firm Heitman LLC on Tuesday announced that it wrapped its largest closed-end fundraise to date after securing $2 billion of investor commitments.

Expert Analysis

  • Series

    Law School's Missed Lessons: Learning From Failure

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    While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.

  • Tips For Crypto AI Agent Developers Under SEC Watch

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    With agents powered by artificial intelligence increasingly making decisions in the cryptocurrency world, there's a chance the U.S. Securities and Exchange Commission could use the Investment Advisers Act to regulate this technology in financial services, but there are ways developers can mitigate regulatory risks, say attorneys at Morrison Cohen.

  • Lessons On Parallel Settlements From Vanguard Class Action

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    A Pennsylvania federal judge’s unexpected denial of a proposed $40 million settlement of an investor class action against Vanguard highlights key factors parties should consider when settlement involves both regulators and civil plaintiffs, say attorneys at Ropes & Gray.

  • Series

    Adapting To Private Practice: From ATF Director To BigLaw

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    As a two-time boomerang partner, returning to BigLaw after stints as a U.S. attorney and the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, people ask me how I know when to move on, but there’s no single answer — just clearly set your priorities, says Steven Dettelbach at BakerHostetler.

  • What To Know As SEC Looks To Expand Private Fund Access

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    As the U.S. Securities and Exchange Commission considers expanding retail access to private markets, understanding how these funds operate — and the role of financial intermediaries in guiding investors — is increasingly important, say attorneys at K&L Gates.

  • Balancing The Promises And Perils Of Tokenizing Securities

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    Tokenizing listed securities offers the promise of greater efficiency, accessibility and innovation, but a recent U.S. Securities and Exchange Commission statement makes clear that the federal securities laws continue to apply to tokenized securities, so financial institutions and technology developers must work together to create clear rules, say attorneys at Orrick.

  • SEC, FINRA Obligations In Changing AI Regulatory Landscape

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    Despite the U.S. Securities and Exchange Commission's recent withdrawal of its proposed artificial intelligence conflict rules, financial regulators remain focused on firms developing the correct AI compliance framework, as well as continuously testing and supervising them to ensure they're fit for purpose, say attorneys at Cahill Gordon.

  • Series

    Playing Baseball Makes Me A Better Lawyer

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    Playing baseball in college, and now Wiffle ball in a local league, has taught me that teamwork, mental endurance and emotional intelligence are not only important to success in the sport, but also to success as a trial attorney, says Kevan Dorsey at Swift Currie.

  • Managing Risks As State AGs Seek To Fill Enforcement Gap

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    Given an unprecedented surge in state attorney general activity resulting from significant shifts in federal enforcement priorities, companies must consider tailored strategies for navigating the ever-evolving risk landscape, say attorneys at Cozen O'Connor.

  • A Deep Dive Into 14 Nixed Gensler-Era SEC Rule Proposals

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    The U.S. Securities and Exchange Commission last month formally withdrew 14 notices of proposed rulemaking, including several significant and widely criticized proposals that had been issued under former Chair Gary Gensler's leadership, signaling a clear and definitive shift away from the previous administration, say attorneys at Dechert.

  • Series

    Law School's Missed Lessons: Skillful Persuasion

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    In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.

  • A Look At Trump 2.0 Antitrust Enforcement So Far

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    The first six months of President Donald Trump's second administration were marked by aggressive antitrust enforcement tempered by traditional structural remedies for mergers, but other unprecedented actions, like the firing of Federal Trade Commission Democrats, will likely stoke heated discussion ahead, says Richard Dagen at Axinn.

  • How Real Estate Funds Can Leverage Del. Statutory Trusts

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    Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.

  • Litigation Inspiration: How To Respond After A Loss

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    Every litigator loses a case now and then, and the sting of that loss can become a medicine that strengthens or a poison that corrodes, depending on how the attorney responds, says Bennett Rawicki at Hilgers Graben.

  • While On Firmer Ground, Uncertainty Remains For SEC's ALJs

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    The U.S. District Court for the District of Columbia's recent opinion in Lemelson v. U.S. Securities and Exchange Commission affirmed the legitimacy of the SEC's administrative proceedings, but pointedly left unanswered the constitutional merits of tenure protection enjoyed by SEC administrative law judges — potentially the subject of future U.S. Supreme Court review, says Dean Conway at Carlton Fields.

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