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Proposed Legislation › Financial Services Industry › Virginia

Sheppard Mullin Richter & Hampton LLP

Virginia Governor Vetoes Rate Cap and AI Regulation Bills

Sheppard Mullin Richter & Hampton LLP on

On March 25, Virginia Governor Glenn Youngkin vetoed two bills that sought to impose new restrictions on “high-risk” artificial intelligence (AI) systems and fintech lending partnerships. The vetoes reflect the Governor’s...more

Troutman Pepper Locke

Virginia House Bill 418 Could Authorize Class Action Lawsuits in the Commonwealth

Troutman Pepper Locke on

Virginia is currently one of only two states that does not allow class-action lawsuits in its courts. However, that could change soon as House Bill (HB) 418, originally introduced on January 10, 2024, seeks to create a...more

Ballard Spahr LLP

Bill Proposed in Virginia to Permit Remote Work

Ballard Spahr LLP on

On January 17, 2023, House Bill No 2389 was offered to re-enact sections 6.2-1600 (Definitions) and 6.2-1607 (Licenses; places of business; changes) of the Code of Virginia with proposed amendments that would permit employees...more

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