On April 14, 2026, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended two general licenses to continue authorizing limited transactions under previous sanctions involving Russia’s Lukoil operations.
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OFAC Issues General Licenses Authorizing Certain Venezuelan Commercial and Banking Transactions
On April 14, 2026, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued two general licenses in the continuing relaxation of certain sanctions involving Venezuela. These new general licenses authorize certain commercial and banking transactions in the
Event Update: RIA Merger Conference: Compliance, Regulation & Growth (Virtual)
Wednesday, April 293:30 – 6:00 p.m. PTWe are pleased to invite you to the virtual RIA Merger Conference, a program designed specifically for registered investment advisers. This afternoon program offers a unique opportunity to hear from dynamic industry thought leaders
CBP Confirms April 20, 2026 Launch of Phase 1 of the IEEPA Tariff Refund Process
On April 10, 2026, U.S. Customs and Border Protection (“CBP”) published Cargo Systems Messaging Service (“CSMS”) #68315804, confirming that Phase 1 of the process to refund duties paid by importers under the International Emergency Economic Powers Act (“IEEPA”) will
New CIT IEEPA Tariff Refund Case Selected After Dismissal of Lead Case
On April 6, 2026, Senior Judge Richard Eaton of the U.S. Court of International Trade (CIT) granted the Notice of Dismissal filed by counsel for Atmus Filtration, Inc. in Atmus Filtration Inc. vs. United States, the lead case seeking refunds
President Trump Makes Major Changes to Section 232 Tariffs on Aluminum, Steel, and Copper
On April 2, 2026, President Donald Trump issued a proclamation amending the rates, scope, and administration of the Section 232 tariff regimes for aluminum, steel, and copper and their derivative products. Section 232 of the Trade Expansion Act of 1962
Securities Quarterly Update – Spring 2026
Authored by: Jurgita Ashley, Julia Miller and Kellie Tomin
Welcome to the spring edition of Securities Quarterly Update, a publication that provides updates and guidance on securities regulatory and compliance issues. In this edition, we review important disclosure considerations
President Trump Announces Section 232 Tariffs on Pharmaceuticals and Active Pharmaceutical Ingredients
On April 2, 2026, President Donald Trump issued a proclamation announcing that the United States will impose on July 31, 2026, a 100% Section 232 tariff on imports of certain pharmaceuticals and associated active pharmaceutical ingredients (“APIs”). The tariff will
CIT Endorses Phase 1 of the IEEPA Tariff Refund Process Ahead of CBP’s April 20 Rollout
On April 1, 2026, Senior Judge Richard Eaton of the U.S. Court of International Trade (“CIT”) issued an order in Atmus Filtration, Inc. v. United States, the lead case addressing refunds of duties paid under the International Emergency Economic Powers
DOL’s New 401(k) Fiduciary Safe Harbor: A Roadmap for Alternative Assets and the Litigation Risks That Remain
On March 30, the Department of Labor (“DOL”) issued its long-anticipated proposed regulation, “Fiduciary Duties in Selecting Designated Investment Alternatives”, that is intended to address the dual aims of (i) expanding 401(k) designated investment alternatives (“DIAs”) to funds