Last month, the United States, along with other G7 members, stepped up efforts to curtail Russia’s evasion of western sanctions adopted to impede Russia’s invasion of Ukraine. It has been reported in the press that U.S. components are showing up
Latest from Federal Regulatory & Enforcement Insider
Introducing the Federal Regulatory and Enforcement Insider
We are pleased to launch the Federal Regulatory and Enforcement Insider. Federal agency regulations are pervasive and reach nearly every corner of life. Our teams of regulatory and enforcement lawyers, in DC and beyond, bring many years of experience in
DOL Fiduciary Rollover Guidance Struck Down by District Court
A recent U.S. District Court ruling dealt a major setback to the U.S. Department of Labor’s (DOL) guidance regarding rollover recommendations as fiduciary investment advice under ERISA. In American Securities Association (ASA) v. U.S. Department of Labor, Case No. 8:22-cv-330
Too Much at Stake: SEC Shuts Down Kraken’s Crypto Asset Program
OnFebruary 9, 2023, the SEC Charged Payward Ventures, Inc. and Payward Trading Ltd. (d/b/a Kraken) (collectively, “Kraken”) with violating Sections 5(a) and 5(c) of the Securities Act for operating a crypto asset “staking-as-a-service program” without properly completing the registration process.
FTC Sets its Sights on Franchisors
On March 10, the Federal Trade Commission (the “FTC”) issued a Request for Information (“RFI”) to learn more about “the means by which franchisors exert control over franchisees and their workers.” The RFI focuses on two aspects of the franchisor-franchisee