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Compliance
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March 24, 2026
NY Regulator's Fintech Unit Chief Is Ex-BigLaw, CFPB Analyst
New York's financial services regulator announced Tuesday it has promoted one of its own to permanently head up its division responsible for licensing crypto firms and regulating fintech, a job formerly held by the agency's current acting Superintendent Kaitlin Asrow.
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March 24, 2026
Nicotine Pouch Maker To Refile FDA Suit In DC After Transfer
The maker and seller of Zone nicotine pouches, on Tuesday, dismissed its own lawsuit accusing the U.S. Food and Drug Administration of unfairly holding up a market application for its product, promising to refile in D.C. federal court after a Texas federal court transferred it to South Carolina federal court.
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March 24, 2026
Iowa Asks 5th Circ. To Ax 'Uncertain' Schwab Antitrust Deal
Iowa's attorney general Monday pressed the Fifth Circuit to reject investors' deal with The Charles Schwab Corp. in an antitrust suit over its merger with TD Ameritrade, arguing it offers only uncertain and hypothetical relief to class members while giving named plaintiffs and class counsel a "windfall."
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March 24, 2026
Nevada Tribe, Green Group Join Fight To Save Rare Toad
A D.C. federal judge has granted bids by a Native American tribe and an environmental group to intervene in a Nevada geothermal company's suit challenging the U.S. Fish and Wildlife Service's listing of the Dixie Valley toad as an endangered species.
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March 24, 2026
Conservative Group Bucks Trump, FCC On Nexstar Deal
A major conservative group has come out swinging against the Federal Communications Commission's decision to waive the national TV broadcast ownership cap to let the merger of media giants Nexstar and Tegna move forward.
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March 24, 2026
BofA Wants Customer Suit Over Post-Jan. 6 Data Sharing Axed
Bank of America has asked a Florida federal judge to toss a proposed class action accusing it of financial privacy violations tied to the aftermath of the Jan. 6, 2021, U.S. Capitol attack, arguing the U.S. Supreme Court has held that bank customers do not have ownership or expectations of privacy over their bank account records.
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March 24, 2026
SEC Casts Doubt On Egan-Jones' Reentry Into Bond Ratings
Egan-Jones Ratings Co. has found itself back under the U.S. Securities and Exchange Commission's microscope 13 years after the agency pulled its permission to rate government bonds, with the SEC recently expressing concern that the company isn't ready to reenter the space.
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March 24, 2026
10th Circ. Backs FERC's Overhaul Of Energy Co.'s Exit Fees
A Tenth Circuit panel denied four petitions for review Tuesday from a not-for-profit energy cooperative serving rural areas after finding that its proposal for member exit fees was properly rejected by the Federal Energy Regulatory Commission and an administrative law judge in a five-year-long dispute.
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March 24, 2026
FINRA CEO Highlights New Clearinghouse For Cyber Threats
Robert Cook, CEO of the Financial Industry Regulatory Authority, said Tuesday that it will soon be rolling out a clearinghouse for firms to report cybersecurity threats and to promote information sharing across the industry.
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March 24, 2026
NTSB Probes LaGuardia Runway Alerts, Air Traffic Control
A runway surveillance system at LaGuardia Airport did not alert air traffic controllers to the potential collision between an Air Canada passenger jet and a fire truck, which did not have a transponder, that crossed its path, the National Transportation Safety Board said Tuesday.
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March 24, 2026
Judge Extends Halt On Trump Admin's College Data Demand
A Massachusetts federal judge on Tuesday again extended a deadline for colleges and universities to comply with a Trump administration demand for seven years of race and gender admissions data while he considers the scope of an anticipated preliminary injunction that would shield public schools in 17 states.
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March 24, 2026
Drug Co. Atara Hit With Investor Suit Over FDA Denial
Drug company Atara Biotherapeutics Inc. has been hit with a proposed class action accusing it of harming investors by not disclosing certain manufacturing problems and research study deficiencies that made it unlikely the U.S. Food and Drug Administration would approve its new drug application.
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March 24, 2026
11th Circ. 'Looking For Boundaries' In Ponzi Probe Appeal
The Eleventh Circuit appeared conflicted Tuesday over a former CEO's claims that he was wrongly hit with more than $800,000 in penalties after a civil securities complaint into an alleged Ponzi scheme, weighing whether he was properly dinged for three violations over one enterprise.
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March 24, 2026
5th Circ. Upholds Pilot Suspension Over Tail Number
The Fifth Circuit upheld the suspension of a pilot who twice flew a jet that displayed an incorrect tail number and lacked an airworthiness certificate, ruling he shouldn't have relied on assertions by the aircraft's owner that the plane was in compliance with federal regulations.
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March 24, 2026
Latvian Gets 28 Months For Shipping Avionics To Russia
A Latvian national was sentenced to 28 months in prison by a Kansas federal judge for helping Russians evade U.S. export controls issued after the start of the Russia-Ukraine war and obtain U.S. avionics equipment, according to a filing Monday.
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March 24, 2026
Heritage Bank Client Alleges 'Unsecure' Servers Led To Breach
A Heritage Bank customer claimed in a putative class action Tuesday that the Washington-based financial institution failed to properly guard users' personal data that was stolen in a March 1 cyberattack, alleging the company used substandard security practices and failed to update its systems on a timely basis.
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March 24, 2026
FCC OKs Station Moves To Gray Media In Three Markets
The Federal Communications Commission has approved the transfer of three TV stations in Indiana and Mississippi to broadcast giant Gray Television despite objections from a variety of cable industry and consumer groups.
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March 24, 2026
NLRB Urges Judge To Declare Members, Judges Fireable
The National Labor Relations Board has moved to surrender its members' and judges' job protections, urging a Texas federal judge to strike language restricting their removals so the agency can restart a blocked suit accusing a pipeline company of retaliating against a worker.
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March 24, 2026
Trainer Sues SafeSport, Alleging Due Process Violation
An equestrian trainer sued SafeSport after decades-old allegations of sexual misconduct led to his temporary suspension, arguing that the organization violated his due process rights by not allowing him an opportunity to defend himself before taking action.
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March 24, 2026
Chicago Can Access $2B Trump Froze For Transit Upgrades
An Illinois federal judge on Tuesday granted the Chicago Transit Authority a temporary restraining order forcing the Trump administration to lift its freeze on more than $2 billion in funding for city train line upgrades, saying the administration "changed the game midstream" in applying a new rule for the transit grants retroactively and singled out Chicago and New York in doing so.
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March 24, 2026
Wash. Mandates AI Content Flags, Suicide Safeguards
Washington Gov. Bob Ferguson signed a pair of bills on Tuesday requiring large artificial intelligence companies to embed data that distinguishes deepfakes as AI-generated and forcing companion chatbot developers to take steps to protect minor users from suicide and self-harm.
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March 24, 2026
Md. Supreme Court Nixes Climate Torts Against Energy Cos.
Maryland's highest court on Tuesday dismissed climate change lawsuits brought by local governments against fossil fuel companies, saying that state law can't be used to impose liability for global greenhouse gas pollution.
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March 24, 2026
Snap Suit Tossed For State Enforcement Action Interference
A Utah federal judge on Tuesday dismissed Snap Inc.'s suit against two state officials aiming to block a state enforcement action, finding that the court must abstain while that enforcement action is pending.
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March 24, 2026
Judge Trims DEA's Suspension Of Fla. Pharmacy's Permits
A D.C. federal judge has granted a Florida pharmacy's motion to partially suspend a Drug Enforcement Administration order that halted its operations, saying the agency didn't adequately explain why it revoked the pharmacy's registration in the first place.
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March 24, 2026
Compliance Chiefs Offer Insight On AI In Financial Services
JPMorgan Chase & Co.'s chief compliance officer said Tuesday that artificial intelligence has proven "transformative" to her bank, and that she sees a time when compliance officers may come to supervise AI agents as the technology evolves.
Expert Analysis
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What To Watch At The 2026 ABA Antitrust Spring Meeting
Attorneys at Freshfields consider the future of antitrust law and competition among developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.
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How DOJ's New Corporate Crime Policy Will Work In Practice
The upshot of the Justice Department's new corporate crimes enforcement framework is uniformity for self-reporting companies, but there is uncertainty around how it will be applied in interaction with the Southern District of New York's more lenient, yet unpredictable, financial crimes enforcement program, say attorneys at Cahill Gordon.
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Changes Coming To The SBIR And STTR Programs
Legislation recently approved by Congress to reauthorize the Small Business Innovation Research and Small Business Technology Transfer Programs includes changes focused on national security that would improve transparency but also increase applicants' administrative burdens, slow the awards process and likely increase litigation, say attorneys at Fluet & Associates.
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What FINRA Enforcement Changes Mean For Investigations
It is essential for in-house counsel and compliance officers to familiarize themselves with the Financial Industry Regulatory Authority's recently announced changes to its enforcement program, which offer both clearer visibility into FINRA's expectations and a valuable opportunity to strengthen regulatory readiness, say attorneys at Eversheds Sutherland.
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Managing New Fair Housing Risks Of AI Leasing Agents
Trusting AI-driven chatbots to manage early communications with potential tenants can expose housing providers to Fair Housing Act violations on a vast scale, but prioritizing supervision of automated interactions, implementing strong vendor governance and tracking emerging testing trends can catch problems early, says Yana Rusovski at Spencer Fane.
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One Idea To Fix The SEC's Risk Factor Disclosure Rules
U.S. Securities and Exchange Commission Chairman Paul Atkins recently invited the industry to suggest ways to reform the current risk factor disclosure framework, and amending Rule 10b-5 is one potential option to consider, say attorneys at A&O Shearman.
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Navigating Venezuelan Oil And Gas Sanctions Rollbacks
The U.S. Department of the Treasury's Office of Foreign Assets Control has issued a series of general licenses representing the broadest easing of Venezuela-related sanctions in years, and creating significant new opportunities — but only for entities prepared to meet the rigorous conditions attached to OFAC's phased sanctions relief, say attorneys at Winston & Strawn.
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7 Employer Tips For Handling Calif. Privacy Risk Assessments
Recent changes to the California Consumer Privacy Act require certain employers to complete detailed risk assessments before handling workforce data in many routine ways, so employers should assess whether previous risk assessments can be reused or combined, assemble a team, and create a plan of action, among other steps, say attorneys at Littler.
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Breaking Down State Legislative Efforts In Telecom Security
As the federal government has strengthened national security safeguards for the telecommunications ecosystem, states have also asserted a role in telecom security, with variations among these regimes risking regulatory fragmentation and complicating compliance strategies, say attorneys at Hogan Lovells.
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Agentic AI Use May Trigger Existing Consumer Finance Laws
As artificial intelligence agents interact more and more with payment systems, financial institutions should be cognizant of how existing consumer protection laws like the Equal Credit Opportunity Act apply when transactions are executed by automated systems rather than individuals, noting authorization and liability gaps, say attorneys at Sheppard.
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SEC Guidance Further Solidifies Status Of Tokenized Assets
The U.S. Securities and Exchange Commission recently released a statement that tokenized securities are securities governed by traditional securities laws, representing continued regulatory clarity and the development of expanded technical standards and risk management guidelines that can only improve the long-term viability of financial markets, say attorneys at Barnes & Thornburg.
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What's Next For The Advanced Air Mobility Sector
The U.S. Department of Transportation’s recent selection of electric vertical takeoff and landing pilot program participants marks a transition from aspirational policy to accountable implementation, and regulatory strategy should be at the center of business planning across the advanced air mobility ecosystem, say attorneys at Morgan Lewis.
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5 Tips For Navigating Your Firm's All-Attorney Summit
Excerpt from Practical Guidance
Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.
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New NLRB GC Likely To Prioritize Efficiency Over Policy Shifts
After the National Labor Relations Board operated without a quorum for nearly a year, general counsel Crystal Carey's early memoranda reflect a shift away from sweeping policy changes and toward clearing the case backlog, creating an environment that rewards employers' preparation and efficiency over prolonged litigation, says Michael Passarella at Olshan Frome.
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Opinion
Clarity Act Would Clear Welcome Pathways For Blockchain
The framework proposed under the Senate Banking Committee's version of the Clarity Act creates reasonable compliance obligations and meaningful token-distribution opportunities that would open the door for more U.S.-based blockchain projects, without the heightened risk of securities litigation and regulatory enforcement, says Karen Ubell at Goodwin.