By: Jeremy McLaughlin and Joshua Durham
The California Department of Financial Protection and Innovation (DFPI) recently issued an important industry reminder regarding implementation of the California Digital Financial Assets Law (DFAL). The DFPI noted that it will begin accepting applications
By: Thoreau Bartmann, Sasha Burstein, and Pablo Man
On 25 February 2026,1 the SEC, in one of the few cases brought to-date against a private fund adviser under Chair Atkins, settled charges with a private fund adviser regarding
A recent final determination in Investigation No. 337-TA-1400 issued by the US International Trade Commission (ITC) may have some clients saying, “I don’t always seek ITC enforcement. But when I do, I prefer to include a design patent.” GoPro, Inc.
By: John ReVeal, Jeremy M. McLaughlin, and Joshua L. Durham
On 13 February 2026, the Financial Crimes Enforcement Network (FinCEN) issued Order FIN-2026-R001 (the Order), granting exceptive relief from FinCEN’s requirement that covered financial institutions identify the beneficial
The Federal Court of Australia has delivered a landmark decision in McCallum v Projector Films1, finding that general moral rights waivers for copyright works are not enforceable.
The decision follows an urgent interlocutory injunction in the Federal Court last
By: Sarah Riddell, Pablo Man, and Martina Sandoval Iriarte
As previously discussed in our client alert, the industry celebrated the no-action relief from registration as a commodity pool operator (CPO) (the Relief). The Relief, however, raised certain
By: Thoreau A. Bartmann, Theodore L. Kornobis, and Varu Chilakamarri
The SEC has long taken the position that the “expectation” of receiving profits can satisfy the “receipt of compensation” element needed to be an investment adviser. In an
By: Thoreau Bartmann, Theodore Kornobis, and Neil Smith
Understanding the SEC’s Revised Enforcement Manual
Understanding the SEC’s enforcement approach is critical for practitioners and regulated entities alike. One of the few public documents describing how the Division of
On 17 February 2026 in U.S. v. Heppner, 1:25-cr-503 (S.D.N.Y., Feb. 17, 2026), Judge Rakoff held that a defendant’s written exchanges with a public generative AI platform were not protected by the attorney-client privilege or the work product doctrine.
A significant risk that brands fear is that others may file their trade mark first in a new market, as most trade mark systems operate under a ‘first to file’ approach. Brands can therefore be comforted by the UK Intellectual
