Fintech

  • May 01, 2026

    NYDFS Fines Delta Dental $2.25M Over MOVEit Data Breach

    Delta Dental has agreed to pay $2.25 million to resolve the New York financial regulator's claims that the insurer maintained inadequate cybersecurity and breach response measures that enabled hackers to obtain access to files sent through the MOVEit transfer tool containing its customers' personal information. 

  • May 01, 2026

    Senators Unveil Stablecoin Yield Compromise For Crypto Bill

    Two members of the Senate Banking Committee on Friday shared language governing interest and rewards payments on stablecoins that appears to resolve a key battle between banks and fintech companies stalling the Senate's progress on a bill to regulate crypto markets known as the Clarity Act.

  • May 01, 2026

    2nd Circ. Urged To Remand Fed-Blocked Mortgage Program

    Major banking industry groups have urged the Second Circuit to remand to the Federal Reserve Board its order blocking a New York bank's proposed cash guarantee program for homebuyers, arguing the decision relied on a flawed legal interpretation that would effectively erase a key pathway for banks to pursue "complementary" nonbank activities.

  • May 01, 2026

    Crypto 'Wash Trading' Co. Employee Ordered To Self-Deport

    A California federal judge Friday ordered one of 10 foreign nationals accused of manipulating the cryptocurrency markets through "wash trading" to self-deport back to India after finding the 26-year-old man played a "relatively minor role" in the scheme, sentencing him to time already served.

  • May 01, 2026

    Crypto Co. Seeks Sanctions For Depo Conduct In $8.1M Suit

    A cryptocurrency business that accuses a former trader of usurping $8.1 million in digital assets wants him sanctioned for his conduct during a deposition, saying he was coached by his attorney and intentionally gave ambiguous answers.

  • May 01, 2026

    Feds Say RealPage Deal Fixes Rental Pricing Concerns

    The government has told a North Carolina federal court its settlement with RealPage fully resolves issues regarding landlords using the company's software to inflate rental rates, despite criticism from a pro-enforcement group.

  • May 01, 2026

    How Paul Clement Does It All

    For most lawyers, getting to argue before the U.S. Supreme Court is a once-in-a-lifetime event, but for a select few, it's a common occurrence. Clement & Murphy PLLC name partner Paul Clement is one of those lawyers. 

  • May 01, 2026

    Pizzeria Urges 6th Circ. To Strike Fed's Debit Swipe-Fee Cap

    A Kentucky restaurant is urging the Sixth Circuit to overturn the Federal Reserve Board's cap on debit-card swipe fees for large banks, arguing the cap was set too high and was wrongly upheld by a lower court last year.

  • May 01, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen a Swiss energy trader bring a Financial List claim against shipping benchmarking company Baltic Exchange, law firm Slater and Gordon sued by a former client, Slack and Salesforce hit Microsoft with an antitrust claim, and Stephen Fry bring a personal injury claim after he broke bones falling off a stage. Here, Law360 looks at these and other new claims in the U.K.

  • April 30, 2026

    NYSE Ready To Start Tokenized Securities Pilot Program

    The New York Stock Exchange on Thursday said it's ready to launch a pilot program trading tokenized securities, in a notice to the U.S. Securities and Exchange Commission.

  • April 30, 2026

    Prediction Market Policing Getting 1st Test In Maduro Bet Case

    The insider trading case against a U.S. Army sergeant who helped plan the capture of Venezuelan President Nicolás Maduro presents a compelling test for the statutory tools the government can use to police prediction markets, and it sends a message there's more to come, former prosecutors say.

  • April 30, 2026

    Senate Dems Press Lutnick On Stablecoin Co.'s Loan To Trust

    Sens. Elizabeth Warren, D-Mass., and Ron Wyden, D-Ore., on Thursday told Commerce Secretary Howard Lutnick and the CEO of El Salvador-based Tether that they want information about the stablecoin company's reported loan to a trust benefiting Lutnick's four children.

  • April 30, 2026

    Gemini Gets CFTC Sign-Off To Clear Derivatives

    The Winklevoss-led Gemini said Thursday that the U.S. Commodity Futures Trading Commission has granted the crypto firm a license to act as a clearinghouse for derivatives contracts, marking a step forward in the build-out of its prediction market offerings among other derivatives products.

  • April 30, 2026

    Crypto Co. Fights Shkreli's Counterclaims In Album Case

    A cryptocurrency company suing "Pharma Bro" Martin Shkreli over ownership of a coveted Wu-Tang Clan album has asked a Brooklyn federal judge to dismiss his counterclaims, calling his claim seeking a declaration that he didn't steal trade secrets related to the album a "mirror image" of the company's claim saying he did.

  • April 30, 2026

    Tribes Back Michigan In Robinhood, Polymarket Betting Fight

    A coalition of tribal gaming groups and federally recognized tribes won permission on Thursday to file briefs backing Michigan officials in suits by Robinhood Derivatives LLC and Polymarket US over sports-related event contracts, arguing the companies' claims threaten to upend tribal-state gaming regulation and siphon revenue from tribal governments. 

  • April 30, 2026

    Senate Bars Itself From Prediction Markets

    U.S. senators voted unanimously on Thursday to ban themselves and their staff from trading on prediction markets.

  • April 30, 2026

    CFPB Slashes Small-Biz Lender Reporting In Newly Final Rule

    The Consumer Financial Protection Bureau on Thursday finalized a major rollback of its Biden-era rule on small-business loan data collection, sharply narrowing the scope of financial institutions and activity subject to the statutorily mandated reporting regime.

  • April 29, 2026

    Del. Supreme Court Says Bylaw Suits Came Too Soon

    The Delaware Supreme Court on Wednesday upheld the dismissal of stockholder lawsuits challenging advance notice bylaws adopted by The AES Corp. and Owens Corning, ruling that the claims were premature because no actual dispute over the bylaws had yet materialized.

  • April 29, 2026

    CFTC Taps Agency Veteran To Run Its Whistleblower Office

    The Commodity Futures Trading Commission announced Wednesday that it has named as the director of its whistleblower office an agency litigation attorney who also has experience as a trial attorney in its enforcement division.

  • April 29, 2026

    Powell Says He'll Stay On Fed Board After Time As Chair Ends

    Federal Reserve Chair Jerome Powell said Wednesday that he won't immediately leave the central bank once his term ends next month and plans instead to remain on its board temporarily, pointing to the Trump administration's recent "legal attacks" on the institution.

  • April 29, 2026

    NY Says Crypto Co. To Pay $5M Over Fraud Promotion Claims

    Cryptocurrency platform operator Uphold HQ Inc. will pay $5 million to settle claims from the New York attorney general's office that it promoted now-bankrupt Cred Inc.'s fraudulent, high-risk crypto scheme for which Cred's former executives were sentenced to prison last year.

  • April 29, 2026

    Robinhood Hires Morgan Lewis Atty For Senior Counsel Role

    A former Morgan Lewis & Bockius LLP attorney has moved to Robinhood to join the financial trading platform's litigation and regulatory enforcement team. 

  • April 29, 2026

    Incoming, Outgoing Strategy Inc. GCs Earned $8.4M In 2025

    The incoming and outgoing legal leaders of bitcoin treasury company Strategy Inc. earned just over a combined $8.4 million last year, according to a recent securities filing.

  • April 29, 2026

    Del. High Court Affirms Dismissal Of FTX Claim Deal Suit

    The Delaware Supreme Court has upheld a lower court's dismissal of a dispute over a failed attempt to purchase a multimillion-dollar claim tied to the collapse of onetime crypto giant FTX Trading Ltd., affirming that the case does not belong in Delaware courts.

  • April 29, 2026

    Warsh's Fed Bid Moves Ahead After Powell Probe Is Shelved

    A U.S. Senate panel on Wednesday advanced President Donald Trump's pick of Kevin Warsh to lead the Federal Reserve, putting him on track for confirmation next month after a Republican holdout lifted his blockade tied to the now-dropped probe of current Fed Chair Jerome Powell.

Expert Analysis

  • Series

    Officiating Football Makes Me A Better Lawyer

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    Though they may seem to have little in common, officiating football has sharpened many of the same skills that define effective lawyering in management-side labor and employment: preparation, judgment, composure, credibility and ability to make difficult decisions in real time, says Josh Nadreau at Fisher Phillips.

  • Shifts At DOJ Alter Corporate Self-Disclosure Calculus

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    Though the Justice Department's new criminal enforcement policy clarifies the benefits of corporate self-disclosure, recent changes to prosecutorial priorities and resources mean that companies should reassess whether cooperation incentives still outweigh the risks of nondisclosure, says Hui Chen at CDE Advisors.

  • Series

    Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • Tokenized Securities Have Capital Parity, But Details Matter

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    Recent guidance from the federal banking agencies clarifies that the use of distributed ledger technologies to issue and transact in securities will not affect the capital treatment of those instruments, but banks looking to apply parity treatment to tokenized securities should be prepared to document their qualification processes, say attorneys at Davis Polk.

  • At The Fed. Circ., Means-Plus-Function Is Not Quite Dead

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    Recent Federal Circuit opinions confirm that means-plus-function claims continue to be drafted, issued, litigated and even infringed — but minding the restrictions imposed over the years by courts and statute requires three steps, says Jay Yates at Patterson & Sheridan.

  • Crypto Trading App Statement Advances SEC's New Direction

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    While the U.S. Securities and Exchange Commission's staff statement from last week carving out an exemption from broker-dealer registration for crypto-trading apps isn't a formal or permanent rule, it's the clearest signal yet of a quickly emerging coherent regulatory framework for digital assets, says Stephen Aschettino at Fox Rothschild.

  • How Cos. Can Prep For Conn. Data Privacy Amendments

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    Effective July 1, 2026, amendments to the Connecticut Data Privacy Act narrow the safe harbor for data used by banks, insurance companies and other financial services businesses, highlighting how state regulators plan to focus on how companies handle sensitive data and honor the data rights of the state's residents, say attorneys at Day Pitney.

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

  • How Banks Can React To Risks In FinCEN Whistleblower Rule

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    Financial institutions should reassess and, if necessary, strengthen existing policies, procedures and other frameworks related to whistleblowers and internal reporting in light of the Financial Crimes Enforcement Network's recent proposal to formalize a whistleblower award program, say attorneys at Arnold & Porter.

  • 2 Discovery Rulings Break With Heppner On AI Privilege Issue

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    While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications with AI tools are discoverable, two other recent federal court decisions demonstrate that such interactions generally qualify for work-product protection under the Federal Rules of Civil Procedure, says Joshua Dunn at Brown Rudnick.

  • Series

    Isshin-Ryu Karate Makes Me A Better Lawyer

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    My involvement in martial arts, specifically Isshin-ryu, which has principles rooted in the eight codes of karate, has been one of the most foundational in the development of my personality, and particularly my approach to challenges — including in my practice of law, says Kaitlyn Stone at Barnes & Thornburg.

  • CFTC Chair's Speech Hints At Innovation-Friendly Policies

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    Remarks made by Commodity Futures Trading Commission Chair Michael Selig at the Futures Industry Association's conference last month provided the most comprehensive articulation of his regulatory agenda and signaled a shift in the CFTC's regulatory posture, including a rare focus on agency coordination and support for digital asset innovation, say attorneys at Willkie.

  • How CFPB Opinion Changes Earned Wage Access Definition

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    The Consumer Financial Protection Bureau's recent conclusion that earned wage access is not "credit" for purposes of Regulation Z of the Truth in Lending Act improves on prior guidance on these products in several meaningful ways, say attorneys at K&L Gates.

  • Insights From OppFi Suit On Building Calif. Bank Partnerships

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    A California state judge’s tentative ruling, walking through business evidence that Utah bank FinWise was not a “rent-a-bank” that fintech firm Opportunity Financial used as a front to dodge interest rate caps on in-state lenders, offers a helpful road map for structuring legally compliant bank-fintech partnerships under California law, say attorneys at Manatt.

  • CFTC Actions Show Prediction Market Insider Trading Risks

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    It is a myth that insider trading law does not apply in prediction markets, as the U.S. Commodity Futures Trading Commission's recent enforcement actions illustrate that it has full authority to pursue such cases federally — and intends to, says attorney Gregg Goldfarb.

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