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SEC Enforcement Activity in the Second Quarter of 2025: The Start of the Back-to-Basics Atkins Era

Paul Atkins was sworn in as SEC (Securities and Exchange Commission) Chairman on April 21, 2025. In a staff town hall meeting on May 6, 2025 he articulated a statement of purpose for the Enforcement program: “Investor...more

California Supreme Court Resolves Long-Running Dispute Over Delaware Forum Selection Clauses

In a closely watched decision issued on July 21, 2025, the California Supreme Court, in EpicentRx, Inc. v. Superior Court, held that a forum selection clause requiring shareholder lawsuits to be brought in the Delaware Court...more

Washington and Colorado Enact Groundbreaking State-Level Merger Notification Requirements, With Other States Likely To Follow

Washington was the first state to adopt the Uniform Antitrust Pre-Merger Notification Act. Signed into law in April 2025 and effective as of July 27, 2025, the Washington law establishes new premerger filing requirements for...more

Treasury and FinCEN Announce Delay of IA–AML Rule Implementation to January 1, 2028

On July 21, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced its intention to postpone the effective date of the Anti‑Money Laundering/Countering the Financing of Terrorism...more

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