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Proskauer Rose LLP

SEC Releases Statement on Short Sale and Securities Lending Rules Following Remand by 5th Circuit U.S. Court of Appeals

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A three judge panel of the U.S. Court of Appeals for the Fifth Circuit recently remanded two rules adopted by the SEC in 2023 for further consideration – Rule 13f‑2 (the short sale rule) and Rule 10c1‑a (the securities...more

Fenwick & West LLP

Securities Law Update - September 2025

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Welcome to the latest edition of Fenwick’s Securities Law Update. This issue contains updates and important reminders on...more

Wilson Sonsini Goodrich & Rosati

Takeaways from CARB’s Workshop on California’s Corporate Greenhouse Gas Reporting Program

In late August 2025, the California Air Resources Board (CARB) held its second virtual public workshop to support the development of California’s corporate greenhouse gas (GHG) reporting and climate-related financial risk...more

Quarles & Brady LLP

Alabama Board of Pharmacy Issues Non-Disciplinary Fine Schedule

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On August 20, 2025, the Alabama Board of Pharmacy (the “Board”) issued its long-awaited non-disciplinary penalty schedule via emergency rulemaking. The rule went into effect immediately and will expire on December 18, 2025....more

K&L Gates LLP

Companies Must Prepare for Complying With California's Climate Disclosure Laws Even Though California Air Resources Board...

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The 2026 reporting deadlines are quickly approaching for California’s Climate Corporate Data Accountability Act (SB 253) and Climate-Related Financial Risk Act (SB 261). The California Air Resources Board (CARB), responsible...more

Pillsbury Winthrop Shaw Pittman LLP

Court Declines to Halt Climate Disclosure Laws as CARB Pursues Delayed Rulemaking

New laws take effect January 1 while regulated entities still await implementing regulations from California Air Resources Board....more

Holtzman Vogel Baran Torchinsky & Josefiak

Universities Face Stricter Data Reporting Requirements Under New Trump Policy

On August 7, 2025, President Trump signed a Presidential Memorandum to require greater transparency regarding university admissions practices. The Memorandum reinforces previous executive orders and memoranda regarding DEI...more

Cooley LLP

CARB Workshop Provides Additional California Climate Law Disclosure Guidance

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The California Air Resources Board (CARB) held a virtual public workshop on August 21 to refine implementation of the state’s corporate climate-disclosure laws – Senate Bills 253 and 261 (amended by SB 219). In advance of...more

Vinson & Elkins LLP

CARB Hosts Public Workshop on California Climate Laws

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The California Air Resources Board (“CARB”) hosted a public workshop on August 21, 2025 to provide information on Senate Bills 253, 261 and 219 (the “California climate laws”) and solicit feedback from consumers and...more

Ropes & Gray LLP

California Air Resources Board Addresses the Who, What, How and When of California’s Corporate Climate Disclosure Laws at August...

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Yesterday, the California Air Resources Board held its second marathon virtual public workshop on California’s pending corporate climate disclosure laws. These laws will require subject companies to publicly report on...more

Kelley Drye & Warren LLP

Reminder: Federal Communications Commission – August and September Filings 2025

Each month, Kelley Drye’s Communications Group offers this reminder of upcoming filing deadlines that may affect our clients and friends. The successor to the Form 477 Local Competition and Broadband Report, the BDC Report...more

Bradley Arant Boult Cummings LLP

GAO Issues a New Bid Protest Pleading Standard

In a recent decision, the Government Accountability Office (GAO) clarified its minimum pleading standard for bid protests. The decision was a bit unusual because, unlike the courts, the GAO rarely uses published decisions to...more

Troutman Pepper Locke

Clarity on California’s Climate Disclosure Rules Could Be on the Horizon

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As the January 1, 2026, deadline to make the first required disclosure under California’s landmark climate laws approaches, the California Air Resources Board (CARB) has announced that it will host another virtual public...more

Davis Wright Tremaine LLP

FCC Waives Requirement for Broadcasters to File Biennial Ownership Reports for 18 Months

Licensees of commercial and non-commercial full-power television, Class A television, low power television, AM radio, and FM radio stations are usually required to file biennial ownership reports with the Commission in...more

Orrick, Herrington & Sutcliffe LLP

CFPB scraps rule allowing states to enforce the CFPA without notice

On July 21, the CFPB published a notice in the Federal Register withdrawing its direct final rule that would have rescinded procedures requiring state officials to notify the Bureau when taking action to enforce the CFPA. As...more

Kohrman Jackson & Krantz LLP

FDIC Proposal to Raise Regulatory Thresholds: What It Means for Banks, the Economy and Regulation

In a move poised to reshape the regulatory landscape for U.S. banks, the Federal Deposit Insurance Corporation (FDIC) has signaled support for raising asset thresholds that determine the intensity of regulatory...more

ArentFox Schiff

Treasury Postpones Effective Date of Investment Adviser AML Rule

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On July 21, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a two-year postponement of the Anti-Money Laundering (AML)/Countering the Financing of Terrorism (CFT) Program and...more

Mintz - Energy & Sustainability Viewpoints

Sustainable Energy & Infrastructure Litigation Updates — August 2025

There was a noteworthy development in the ongoing legal challenge to the SEC’s mandatory climate disclosure law (dating from the Biden administration), which is currently pending in the Eighth Circuit. Following the decision...more

Fenwick & West LLP

FinCEN Delays Investment Adviser AML/CFT Rule to January 2028: What Fund Managers Should Know

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On July 21, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced that it intends to postpone the effective date of its 2024 investment advisor AML rule for registered investment...more

Pillsbury - CommLawCenter

FCC Temporarily Suspends Biennial Ownership Reporting Requirement

While at this stage it is only a temporary win, in the spirit of Chairman Carr’s Delete, Delete, Delete proceeding, the FCC today released a Public Notice announcing that the Commission is suspending the requirement that...more

Hogan Lovells

Regulatory developments as California's 2026 mandatory GHG disclosures and climate risk reporting deadlines loom

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First disclosures under California's legislative greenhouse gas (GHG) and climate risk reporting regimes will be due beginning in 2026. The regulatory effort to implement this legislation has begun in earnest, with the...more

Beveridge & Diamond PC

Deadline Extended for Reporting PFAS in Products in Minnesota, Proposed Minnesota PFAS Reporting Rule under Administrative Review

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Under Minnesota’s PFAS in products law, manufacturers of products containing intentionally added per- and polyfluoroalkyl substances (PFAS) must report those products to the Minnesota Pollution Control Agency (MPCA) by...more

Sheppard Mullin Richter & Hampton LLP

CFPB Withdraws Rule to Eliminate State Enforcement Notification Requirements

On July 21, the CFPB withdrew its plan to repeal rules that provide procedures for state officials to notify the Bureau before initiating enforcement actions under the Consumer Financial Protection Act (CFPA). The CFPB cited...more

Snell & Wilmer

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

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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

Akin Gump Strauss Hauer & Feld LLP

FinCEN Delays Effective Date of Investment Adviser Rule and Intends to Revisit the SEC Customer Identification Program Rule for...

In September 2024, FinCEN issued the Investment Adviser Rule, which aims to “address ongoing illicit finance risks, threats, and vulnerabilities posed by criminals and foreign adversaries that exploit the U.S. financial...more

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