The Federal Trade Commission (FTC) is one of the independent agencies expected to undergo considerable changes in rulemaking priorities once President-elect Trump enters office. Chairwoman Lina Khan is expected to step down...more
Under the second Trump administration, the Securities and Exchange Commission (SEC) is likely to see broad changes in regulatory and enforcement initiatives once Chairman Gary Gensler leaves the commission, as is expected....more
The U.S. Department of Justice (“DOJ”) has, once again, updated its guidance on corporate compliance. This document, known as the Evaluation of Corporate Compliance Programs or “ECCP,” serves to put corporate America on...more
Recent money laundering-related enforcement actions targeting casinos by both the U.S. Department of Justice (“DOJ”) and state regulators suggest increasing scrutiny of anti-money laundering (“AML”) compliance efforts within...more
9/24/2024
/ Anti-Money Laundering ,
Bank Secrecy Act ,
BSA/AML ,
Casinos ,
Financial Crimes ,
Financial Institutions ,
Financial Transactions ,
FinCEN ,
Money Laundering ,
Popular ,
Suspicious Activity Reports (SARs)
Last week, in West Flagler v. Haaland, the U.S. Supreme Court dealt a major blow to opponents of online tribal sports betting, effectively affirming the D.C. Circuit’s rejection of a challenge to a compact between the...more
This has been an election year like no other. Colorado, like the rest of the nation, held its general election Tuesday, and Democrats saw gains and came out the winners. Tuesday’s results largely represent a continuation of...more
New Mexico, like the rest of the nation, woke up Wednesday and Thursday, and then again on Friday, without knowing who the country’s next president will be. All of the state’s 112 legislative seats—42 in the Senate and 70 in...more
California voters are eagerly awaiting the results of what can be characterized as one of the most consequential elections in modern history. In the midst of the global COVID-19 pandemic, California residents have continued...more
Last week, the Small Business Administration (SBA) began asking SBA Paycheck Protection Program (PPP) lenders to issue over 50,000 loan necessity questionnaires to borrowers that received $2 million or more in funds from the...more
Since the June 2 confirmation of Brian Miller as the new Special Inspector General for Pandemic Recovery (“SIGPR”), oversight of the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) has jumped up a...more
For all the talk about there being too much money in politics—and there is a lot of money in politics—there are many restrictions on how individuals, businesses and other organizations can contribute, financially, to the...more
Famous former Nevadan Mark Twain reportedly once said: “We have the best legislature money can buy.” For all the talk about there being too much money in politics—and there is a lot of money in politics—there are also a lot...more
As lawmakers debate the contours of the next COVID-19 economic response package, extending legal liability protections to businesses has emerged as a central sticking point between congressional Republicans and Democrats....more
The coronavirus pandemic has taken a tremendous toll on the country, but the Nevada economy is being impacted in ways that we have never contemplated. Gov. Steve Sisolak has demonstrated strong leadership in the face of this...more
As part of its ongoing effort to provide guidance on how the Paycheck Protection Program (“PPP”) is supposed to work, the Small Business Administration (“SBA”) has been issuing “Frequently Asked Questions” or “FAQs.” While...more
In response to the most significant public health crisis in a generation, the federal government has appropriated billions of dollars in new spending aimed at providing relief to individuals, businesses and governmental...more
The Small Business Administration (“SBA”) released revised guidelines today that allow otherwise eligible small gaming businesses to be able to participate in the Paycheck Protection Program (“PPP”). This marks a reversal of...more
The COVID-19 pandemic is impacting every type of organization, from large, multinational corporations to small nonprofits. But just because the old ways of doing business have changed, regulatory compliance remains a critical...more
We are “at war” with the coronavirus, and the country has increasingly adopted a quasi-wartime crisis footing. While people are doing everything they can to save their businesses, it’s important to make sure they are setting...more
On March 20, 2020, Nevada Gov. Steve Sisolak issued Declaration of Emergency Directive 003 (the “Directive”) and ordered non-essential businesses, as defined by separate emergency regulations, to close effective March 20,...more
The latest effort in Washington aimed at undermining the burgeoning online gaming industry was recently introduced in the form of S. 3322. The bill, entitled the “Prevention of Deceptive Child-Targeted Advertising in...more
On June 3, 2019, a federal court in New Hampshire issued a highly anticipated decision in New Hampshire Lottery Commission et al. v. Barr et al., challenging a recent opinion by the U.S. Department of Justice (DOJ) regarding...more
6/6/2019
/ Criminal Prosecution ,
Department of Justice (DOJ) ,
Gambling ,
Lottery ,
Office of Legal Counsel (OLC) ,
Online Gaming ,
Sports Betting ,
Sports Gambling ,
Statutory Interpretation ,
Wire Act ,
Wire Transfers
With a new Congress comes new oversight priorities. Private companies could find themselves under the legislative microscope after Democrats seized control of the House for the first time since the 2006 midterm elections.
...more
In the wake of recent congressional hearings on Russia’s use of social media to interfere in U.S. elections, the Senate Select Committee on Intelligence Vice Chairman, Sen. Mark Warner (D-VA), authored a draft white paper...more
This week, the U.S. Department of Justice (DOJ) released a much-anticipated report from its Cyber-Digital Task Force. The task force was formed by Attorney General Jeff Sessions in February of 2018 with the goal of addressing...more