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Public Policy
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March 17, 2026
SEC Draws Lines With Crypto 'Token Taxonomy' Guidance
The U.S. Securities and Exchange Commission shared its anticipated "token taxonomy" on Tuesday, issuing interpretive guidance that detailed which types of cryptocurrency assets appear to be beyond the reach of securities laws and the circumstances that could pull them back into the regulator's oversight as part of an investment contract.
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March 17, 2026
DC Circ. To Decide How Far Back FERC Can Order Refunds
The D.C. Circuit is set to decide exactly how far back the Federal Energy Regulatory Commission can go in implementing refund orders based on rate adjustments, having spent nearly two hours Tuesday morning hashing out the matter with several attorneys.
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March 17, 2026
SEC Won't Reconsider Upholding Ex-Broker's FINRA Fines
The U.S. Securities and Exchange Commission won't revisit its earlier holding partially sustaining certain Financial Industry Regulatory Authority findings and sanctions against a former stockbroker who's challenged the constitutionality of the self-regulatory organization, stating that the stockbroker's reconsideration bid hadn't asserted the regulator erred in its earlier decision.
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March 17, 2026
FPI, Apartment Owners Reach $7M Deal In Wash. AG's Tenant Suit
California-based property manager FPI and owners of five low-income apartment complexes have agreed to pay $7 million to end the Washington attorney general's lawsuit accusing them of exploiting senior tenants by overstating property qualities and withholding information about future rent rises, according to an agreed order finalized Monday.
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March 17, 2026
FCC OKs Alaska Plan Changes As Tribe Moves To New Village
GCI Communication Corp. won't have to continue to provide service to an Alaskan Native village in the state's eroding coastal lowland after its population moved on to new territory that was gained in a land swap with the federal government, the Federal Communications Commission has ruled.
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March 17, 2026
SIFMA, Other Orgs Weigh In On SEC's 'Small Entity' Proposal
The Securities Industry and Financial Markets Association is urging the U.S. Securities and Exchange Commission to increase its oversight of investment advisers should it move forward with a plan to categorize more mutual funds and advisers as small entities, saying the current playing field disadvantages broker-dealers.
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March 17, 2026
Colo. Appeals Panel Weighs Standing In Charter Dispute
A Colorado school district argued to a state Court of Appeals panel Tuesday that the state school board didn't have authority to revoke the district's exclusive chartering authority in a dispute over the school board's role in contract negotiations with a charter school.
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March 17, 2026
OFAC Fines Broker $1.1M Over Apparent Sanctions Violations
The U.S. Department of the Treasury's Office of Foreign Assets Control on Tuesday announced that Florida brokerage TradeStation Securities Inc. has agreed to pay more than $1.1 million to settle potential civil liability for violating the regulator's sanctions programs for Iran, Syria and Crimea.
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March 17, 2026
Trump Admin Accused Of Retaliation In Colo. Climate Lab Suit
A nonprofit research consortium of 129 colleges asked a federal judge to stop the Trump administration from breaking up the climate and weather lab it operates in Boulder, Colorado, claiming the administration is acting on retribution alone in its decision.
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March 17, 2026
NYC Asks To Stop Defending Eric Adams In Sex Assault Suit
New York City's law department Tuesday moved to terminate its representation of former Mayor Eric Adams in a sexual assault suit filed by a former police department colleague, arguing Adams wasn't acting within the scope of his city employment at the time of the alleged incidents.
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March 17, 2026
Trump's Pipeline Order Stokes Turf War Over Energy Permits
The Trump administration is taking executive power into uncharted territory by asserting it can override state law to restart a California oil pipeline, but such an expansion of presidential authority over energy infrastructure may invite skepticism from courts.
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March 17, 2026
1st Circ. Pauses 3rd-Nation Deportations Ruling During Appeal
The First Circuit has granted the Trump administration a stay pending appeal of a Massachusetts federal court ruling that a class of noncitizens facing removal to countries to which they have no ties must receive meaningful notice and an opportunity to raise fears about being deported to those countries.
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March 17, 2026
Dr. Oz Claims Florida Also Has Healthcare Fraud Problem
Dr. Mehmet Oz, the administrator for the Centers for Medicare & Medicaid Services, announced Tuesday that he is taking his efforts to combat healthcare-related fraud to Florida, where he says millions of dollars have been wasted on schemes involving durable medical equipment.
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March 17, 2026
Mich. AG Joins Fair Housing Laws Fight Against HUD Guidance
Michigan's attorney general spoke Tuesday about joining 15 states and the District of Columbia in a California federal suit claiming the Trump administration undermines enforcement of fair housing laws by threatening to halt funding for local government programs protecting people discriminated against for gender and sexual orientation, among other things.
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March 17, 2026
USPTO Has Eye On New Tech In Design Patent Guidance
The U.S. Patent and Trademark Office has significantly expanded design patent protections with its guidance for claiming computer-generated images shown using virtual reality, holograms and similar technologies, attorneys say, marking a big step forward from prior rules on the subject.
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March 17, 2026
China Surveillance Makes Radio Conference Harder, Senate Told
China's ability to monitor foreign visitors from the moment they step onto its soil will make it harder for U.S. officials to navigate next year's critical treaty-making conference on radio spectrum rules in Shanghai, experts told the U.S. Senate Tuesday.
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March 17, 2026
Judge Blasts Admin For Shifting White House Project Claims
A D.C. federal judge blasted top administration attorneys Tuesday for "shifting theories" of authority for the White House's East Wing ballroom project, saying the administration was likely looking for "an escape hatch" to avoid an injunction and promised to try to rule before above-ground work begins next month.
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March 17, 2026
NJ Justices Probe Daniel's Law Notification Requirement
The New Jersey Supreme Court on Tuesday questioned whether a notice requirement in the state's judicial privacy law is enough to ensure that any person or entity that can be held liable under the law acted with negligence.
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March 17, 2026
10th Circ. Considers Ask For New Trial In $5M Toll Lanes Suit
The Tenth Circuit on Tuesday considered a contractor's request for the court to order a new trial after a Denver federal jury awarded construction design firm Aecom $5.25 million for a contract breach in a Colorado toll lanes project, questioning the contractor's litigation strategy.
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March 17, 2026
Biden Admin's Definition Of ERISA Fiduciary Erased
A Texas federal judge on Tuesday vacated regulations from the U.S. Department of Labor that would have expanded the definition of an investment advice fiduciary under federal benefits law, changes that a collective of insurance groups said the federal agency didn't have the authority to make.
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March 17, 2026
Lawmakers Want More Oversight For Antitrust Settlements
Democratic lawmakers proposed legislation Tuesday that would give courts more power to review settlements reached in government antitrust cases, after the U.S. Department of Justice recently cut a pair of controversial deals, including with Live Nation last week.
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March 17, 2026
Indicted Atty's Party Was Actually Campaign Launch, Jury Told
Those in attendance at a March 2018 party held by BDK Law Group LLC at the center of multiple wire fraud charges expected attorney Dennis A. Bradley Jr. to announce his campaign for the Connecticut state Senate that night, even though it was billed simply as a thank-you party, a former colleague who emceed the event told a Connecticut federal jury Tuesday.
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March 17, 2026
Trump Can't Get 11th Circ. Redo On CNN Defamation Suit Toss
The Eleventh Circuit on Tuesday rejected President Donald Trump's bid for the full appeals court to weigh his $475 million suit against CNN over the network calling his 2020 presidential election fraud claims a "Big Lie," leaving intact a November panel ruling affirming the case's dismissal.
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March 17, 2026
BlackRock, State Street Want GOP States' ESG Suit Pared
BlackRock and State Street have asked a Texas federal judge to significantly winnow antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that claims based on electricity buyers are too far removed from coal.
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March 17, 2026
House Panel Advances Bill Aimed At Curbing ERISA Litigation
A GOP-led panel in the U.S. House of Representatives on Tuesday advanced legislation that would raise the pleading standards for proposed class action federal benefits lawsuits and delay the start of discovery in those disputes, with Democrats on the committee voting to oppose the legislation.
Expert Analysis
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4 Lessons From FTC's Successful Bid To Block Edwards Deal
The Federal Trade Commission's recent victory in blocking Edwards Lifesciences' acquisition of JenaValve offers key insights for deals in life sciences and beyond, including considerations around nonprice dimensions and clear skies provisions, say attorneys at Orrick.
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Limiting Worker Surveillance Risks Amid AI Regulatory Shifts
With workplace surveillance tools becoming increasingly common and a recent executive order aiming to preempt state-level artificial intelligence enforcement, companies may feel encouraged to expand AI monitoring, but the legal exposure associated with these tools remains, say attorneys at MoFo.
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Can OCC State Banking Law Preemption Survive The Courts?
While two December proposals from the Office of the Comptroller of the Currency seek to foreclose pending consumer litigation against national banks related to residential mortgage lending, it's unclear whether this aggressive approach will withstand judicial scrutiny under the U.S. Supreme Court's 2024 rulings in Cantero and Loper Bright, say attorneys at Davis Wright.
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How Selig May Approach CFTC Agricultural Enforcement
As the U.S. Commodity Futures Trading Commission begins a new chapter under recently confirmed Chairman Michael Selig's leadership, a look back at the agency's actions in agricultural markets over the past six years sheds light on what may lie ahead for enforcement in the area, say attorneys at Latham.
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Assessing Factors Behind Biosimilar Uptake And Competition
As biosimilar uptake remains uneven and questions linger over whether the Biologics Price Competition and Innovation Act can deliver robust competition between biologics and biosimilars, a case study of Humira and its biosimilars illustrates how many factors, including payor reimbursement and formulary strategy, collectively shape competitive dynamics, say analysts at Analysis Group.
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State Of Insurance: Q4 Notes From Illinois
In 2025's last quarter, Illinois’ appellate courts weighed in on overlapping homeowners coverages for water-related damages, contractual suit limitation provisions in uninsured motorist policies, and protections for genetic health information in life insurance underwriting, while the Department of Insurance sought nationwide homeowners' insurance data from State Farm, says Matthew Fortin at BatesCarey.
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How 3 CFTC Letters Overhauled Digital Asset Guidance
The U.S. Commodity Futures Trading Commission recently issued three letters providing guidance for the use of digital assets in derivatives markets, clarifying the applicability of CFTC regulations across numerous areas of digital asset activities and leading to the development of standards to allow market participants to post digital assets as collateral, say attorneys at Morgan Lewis.
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NYC Bar Opinion Warns Attys On Use Of AI Recording Tools
Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.
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Ruling Helps Clarify FERC's Post-Jarkesy Enforcement Power
A North Carolina federal court's recent ruling in American Efficient v. Federal Energy Regulatory Commission may be a step in providing clarity on FERC's enforcement authority under the Federal Power Act in the wake of the U.S. Supreme Court's 2024 decision in U.S. Securities and Exchange Commission v. Jarkesy, say attorneys at Sidley.
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Series
The Biz Court Digest: Dispatches From Utah's Newest Court
While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.
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Aerospace And Defense Law: Trends To Follow In 2026
Some of the key 2026 developments to watch in aerospace and defense contracting law stem from provisions of this year's National Defense Authorization Act, a push to reform procurement, executive orders that announced Trump administration priorities, the upcoming Artemis space mission and continuing efforts to deploy artificial intelligence, say attorneys at Thompson Hine.
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Aviation Watch: Busy Skies, Tough Market For Airlines In 2026
After a turbulent year in the U.S. commercial aviation sector, demand for air travel and premium service shows no signs of slackening in 2026, with airlines facing the need to compete in a saturated market, while seeking opportunities for consolidation and pursuing other avenues to profitability, says Alan Hoffman, a retired attorney and aviation expert.
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Viewing The Merger Landscape Through An HPE-Juniper Lens
If considerations beyond antitrust law were taken into account to determine whether Section 7 of the Clayton Act was violated in the Hewlett Packard Enterprise-Juniper Networks deal, then legal practitioners advocating deal clearance may now have to argue that deals should be justified by considerations not set forth in the merger guidelines, says Matthew Cantor of Shinder Cantor.
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4 Quick Emotional Resets For Lawyers With Conflict Fatigue
Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.
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3 Key Ohio Financial Services Developments From 2025
Ohio's banking and financial services sector saw particularly notable developments in 2025, including a significant Ohio Supreme Court decision on creditor disclosure duties to guarantors in Huntington National Bank v. Schneider, and some major proposed changes to the state's Homebuyer Plus program, says Alex Durst at Durst Kerridge.