In a precedential order issued 22 June 2026, USPTO Director John A. Squires took the rare step of initiating sua sponte Director Review across three inter partes review (IPR) proceedings to provide meaningful guidance on when “exceptional circumstances” justify extending
K&L Gates
K&L Gates is a global law firm that publishes detailed legal analyses and updates on regulatory and legislative developments across various jurisdictions. Their blog content covers a broad range of legal topics including financial regulation, intellectual property law, corporate governance, and legislative reforms. The firm provides insights into changes in regulatory frameworks such as short selling regimes, trade mark systems, copyright amendments, and fund tokenisation. Their publications often focus on practical implications for compliance, procedural changes, and strategic considerations for clients operating in complex legal environments. K&L Gates' content is aimed at legal professionals, businesses, and stakeholders seeking informed perspectives on evolving legal landscapes.
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Australia: An AFS Licensee First: Receiving an Order to Pay AU$2.5 Million for Cybersecurity Failures
By: Cameron Abbott, Daniel Knight, Rob Pulham, Alex Parker, Madison Jeffreys, Emre Cakmakcioglu and Annaliese Filippis
In a key decision against an Australian financial services licence (AFSL) holder, the Federal Court of Australia has ordered…
The “Showgirl” Showdown: What the Taylor Swift Lawsuit Reveals About Creative Expression, Trademarks, and Commercial Identity
Taylor Swift has long been a household name, but in recent years she has become a commercial powerhouse. It is this commercial power that landed her in hot water with the release of her album ‘The Life of a Showgirl’.…
An AFS Licensee First: Receiving an Order to Pay AU$2.5 Million for Cybersecurity Failures
By: Cameron Abbott, Daniel Knight, Rob Pulham, Alex Parker, Madison Jeffreys, Emre Cakmakcioglu and Annaliese Filippis
In a key decision against an Australian financial services licence (AFSL) holder, the Federal Court of Australia has ordered
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United States: Supreme Court Scissors up Saba’s Rescission Argument Under Section 47(b) of the 1940 Act
By: Thoreau A. Bartmann, Varu Chilakamarri, Jennifer R. Gonzalez, Charles M. Ponder, and Steve Topetzes
Background
The Supreme Court agreed to hear FS Credit Opportunities Corp., et al. v. Saba Capital Master fund, et al. to
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United States: Supreme Court Holds SEC Does Not Need to Prove Pecuniary Loss in Disgorgement
By: Thoreau Bartmann, Meghan Flinn, and Steve Topetzes
On 4 June 2026, the Supreme Court unanimously decided Sripetch v. SEC, ruling that the SEC does not need to prove that victims of a securities law violation suffered
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United States: Show Me the Money: SEC Risk Alert Highlights Advisers’ Economic Conflict
By: Thoreau Bartmann, Jennifer Klass, Pablo Man, and Keri Riemer
On 9 June 2026 the SEC Division of Examinations published its second risk alert since Atkins became chair. The Risk Alert reminds investment advisers of their fiduciary
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Compensating Victims of Deep Fake Fraud: Global Responses
By: Judith Rinearson, Daniel Knight, Lucas Nicolet-Serra, and Kai Zhang
Our firm has a pro bono client who lost thousands of dollars trusting someone she met online. Over two years, the fraudster convinced her to move her…
The UK Sporting Events Bill 2026—A New Playbook for Major Events?
The UK government introduced a new Sporting Events Bill in the House of Lords on 14 May 2026 (the Bill), intending to establish a permanent UK-wide legal framework to streamline delivery of major international sporting tournaments in the United Kingdom…
United States: SEC’s Updated Qualified Client Standards Take Effect 29 June 2026
By: Sasha Burstein, Pablo J. Man, Mark T. Heine, Edward T. Dartley, and George Zornada
The United States Securities and Exchange Commission’s (SEC) inflation adjustment to the qualified client thresholds under Rule 205-3 of the Investment
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