In lieu of registration and the regulatory framework that would otherwise apply, the SEC has substituted a prescriptive disclosure, transparency, and recordkeeping regime for trading tokenized securities.
On September 17, 2026, the SEC issued a five-year exemptive order, which it
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U.S. Supreme Court Round-Up (September 2026)
Spearheaded by Miguel Estrada, the U.S. Supreme Court Round-Up keeps clients apprised of the Court’s most recent actions. The Round-Up previews cases scheduled for argument, tracks the actions of the Office of the Solicitor General, and recaps recent opinions. The…
Derivatives, Legislative and Regulatory Weekly Update (September 25, 2026)
From the Derivatives Practice Group: This week, the CFTC released updates to its FAQs Concerning Registrant and Registered Entity Activities Relating to Crypto Assets and Blockchain Technologies.
New Developments
CFTC Staff Releases Updates to FAQs Concerning Registrants and Registered Entity…
Webcast: FCA Enforcement in 2026: Key Trends and DOJ Initiatives
Join our lawyers for a recorded webcast as they analyze key developments in False Claims Act enforcement related to healthcare, government contracting, DEI, financial services, and trade, and offer practical considerations for companies across the range of industries for which…
Ted Boutrous Interviewed by NPR on White House Press Access Case
Partner Ted Boutrous was interviewed by NPR on a temporary restraining order restoring White House access to clients CNN, MS NOW, and POLITICO. He called it “a fundamental free-speech and free-press case.”
“The First Amendment is intended to protect journalists…
FTC Amends Rules of Practice for Modifying Second Requests
The rule change is intended to bring greater transparency and predictability to the Second Request modification process during premerger review.
On September 24, 2026, the Federal Trade Commission published a final rule in the Federal Register amending its Rules of…
SEC Proposes to Eliminate Federal Shareholder Proposal Rule and Modernize Proxy Solicitation Process
The SEC seeks to eliminate the Rule 14a-8 shareholder proposal framework, reform the voting framework applicable to shareholder proposals submitted under state law, and modernize several aspects of the proxy solicitation process.
On September 16, 2026, the Securities and Exchange…
Derivatives, Legislative and Regulatory Weekly Update (September 18, 2026)
From the Derivatives Practice Group: This week, following the Clarity Act’s failure, the CFTC filed its Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets proposal with the Office of Information and Regulatory Affairs.
New Developments
CFTC Sends Regulation Crypto…
Ninth Circuit Clarifies Limits of DMCA Liability for AI-Generated Code
The decision provides an important defense to claims that an AI tool violates the DMCA merely because it generates material resembling a plaintiff’s work without identifying the original author or including the accompanying copyright notices and licensing terms.
On September…