On April 1, 2025, the First Circuit Court of Appeals vacated a nearly $95 million judgment against our client Commonwealth Financial Network related to the sufficiency of Commonwealth’s revenue-sharing disclosures. The First…
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/ Administrative Law, Finance & Banking, Securities Law
On March 27, 2025, the Securities and Exchange Commission (SEC) voted to end its defense of its Enhancement and Standardization of Climate-Related Disclosures for Investors rules in the ongoing Eighth Circuit case Iowa v. SEC…
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/ Administrative Law, Environmental Law, Securities Law
On April 17, 2025, the US Fish and Wildlife Service and the National Oceanic and Atmospheric Administration published a notice of proposed rulemaking to rescind the definition of “harm” under the Endangered Species Act…
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/ Administrative Law, Constitutional Law, Environmental Law, Zoning, Planning & Land Use
Tax developments -
DeFi regulations repealed -
On April 10, President Trump signed into law a bill repealing the regulations promulgated under section 6045 that would have required decentralized finance platforms (commonly…
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/ Administrative Law, Elections & Politics, Taxation
In this week’s Film Room, we break down party submissions following the House hearing on Final Approval. On April 14, 2025, Plaintiffs, Defendant Conferences and the NCAA submitted a joint supplemental brief in support of Final…
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/ Antitrust & Trade Regulation, Art, Entertainment, & Sports Law, Education Law
The SEC recently issued a notice with regard to a new model of co-investment relief and issued the first exemptive order for multi-class relief to a private BDC. This legal alert discusses both new developments…
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/ Business Organizations, Finance & Banking, Securities Law
During the 2025 legislative session, the Georgia General Assembly passed several notable tax related bills including further decreasing the income tax rate and extending the time period for taxpayers to protest and appeal the…
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/ Administrative Law, Taxation
On March 19, 2025, the Securities and Exchange Commission’s (SEC) Division of Investment Management staff (Staff) issued two new Frequently Asked Questions (FAQs) focused on Rule 206(4)-1 under the Investment Advisers Act of…
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/ Administrative Law, Finance & Banking, Securities Law
In recent weeks, the global trade environment has experienced an unprecedented level of volatility and uncertainty due to a series of new trade policies announced by the US. Those actions have triggered responses by the US’ key…
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/ Administrative Law, Antitrust & Trade Regulation, International Law & Trade
On April 2, 2025, the Trump Administration announced new, comprehensive tariff rates representing the most significant change in US trade policy in a generation—a paradigm shift from an era of low tariffs to an approach based on…
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/ Administrative Law, Antitrust & Trade Regulation, International Law & Trade
In this week’s Film Room, we cut through the noise and draw your attention to key takeaways from the House hearing, including a preview of what’s next. We also bring you up to speed on an important update in the Schroeder (Title…
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/ Antitrust & Trade Regulation, Art, Entertainment, & Sports Law, Civil Rights
On April 7, 2025, with just four days to spare, the Federal Communications Commission (FCC) delayed the effective date of part of its impending rule regarding how companies respond to opt-out requests from individuals to a…
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/ Communications & Media Law, Consumer Protection, Finance & Banking
Welcome to the Regulatory Roundup. Each month, Eversheds Sutherland Investment Services attorneys review significant regulatory developments (including notable rulemakings and guidance from securities regulators) from the…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
On March 12, 2025, the Securities and Exchange Commission issued a significant No-Action Letter, providing clarity on how issuers can satisfy the “reasonable steps” requirement for verifying accredited investor status in Rule…
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/ Administrative Law, Finance & Banking, Securities Law
On April 1, 2025, the Texas Association for Money Service Businesses filed a lawsuit in San Antonio federal court challenging the recent Geographic Targeting Order (GTO) applicable to money services businesses (MSBs) located in…
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/ Administrative Law, Constitutional Law, Finance & Banking
