On July 28, 2026, the Federal Communications Commission (FCC) added foreign-produced “advanced robotic devices” and “power inverters” to the FCC’s Covered List, effectively barring covered equipment from receiving the FCC equipment authorizations necessary for most electronic devices to be imported,
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Closing the Gap: FCA Eases UK IPO Research Rules
On August 5, 2026, the Financial Conduct Authority (FCA) published Policy Statement PS26/16, Changes to information flows for UK equity IPOs, removing two significant regulatory requirements that had governed analyst research in UK IPO transactions since 2018.The final rules
SEC Formalizes Focus on Accounting Fraud With Creation of Financial Reporting and Accounting Unit Within the Enforcement Division
On August 5, 2026, the SEC announced the creation of a new Financial Reporting and Accounting Unit within the Division of Enforcement “to provide the dedicated expertise, focus, and capacity to pursue accounting and financial reporting cases as well as
Fourth Circuit Reverses Class Certification in Boeing Litigation, Establishing a High Bar Under Comcast
The Fourth Circuit recently reversed a grant of class certification in a securities fraud action against Boeing, adopting a rigorous approach for establishing class-wide predominance as to damages. In Office of General Treasurer on behalf of Employees Retirement System v.
Trump Administration Imposes New Section 301 Tariffs on 60 Trading Partners, New Section 338 Tariffs on Canada
For more insights and analysis from Cleary lawyers on policy and regulatory developments from a legal perspective, visit What to Expect From a Second Trump Administration.
On July 23, 2026, the Trump administration announced new tariffs (Forced Labor Tariffs)
CMA Investigates Microsoft Over Potentially Misleading Subscription Practices
The Competition and Markets Authority (CMA) recently launched an investigation into Microsoft, examining whether the tech giant misled customers about their subscription options.
The EU’s First FSR Review: How It’s Working and What Comes Next
On July 14, 2026, the European Commission published its report reviewing the Foreign Subsidies Regulation’s (FSR) first three years of operation.[1] The Commission found the regime “fit for purpose” and an “effective tool” to tackle distortions from foreign subsidies
SEC Proposes E-Delivery as the New Default for Proxy Materials and Other Disclosures
On July 16, 2026, the SEC proposed Regulation E-Delivery, which would allow companies to make electronic delivery the default option on a go-forward basis for satisfying delivery obligations under the federal securities laws, including for proxy materials, so long as
Antitrust Review Episode 68: In Conversation With Anthony Gardner
In our latest Antitrust Review podcast, host Nick Levy is joined by Anthony Gardner, former U.S. Ambassador to the European Union. Their conversation covers an array of topics, including the Draghi Report, Brexit, Europe’s future, the Trump Administration, China, antitrust
