News & Analysis as of

Modernization

Morgan Lewis

Modernizing FINRA Rules for Member Workplaces: A Call for Comments

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FINRA previously announced in Regulatory Notice 25-04 that it is launching a broad review to modernize its rules regarding member firms and associated persons and identified the modern workplace as its area of initial focus....more

Miller Canfield

Employers: It's Time for the FY2026 H-1B Cap Registration Under the New H-1B Modernization Rule

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It is that time of the year again – H-1B CAP registration is right around the corner. With the continued beneficiary-centric selection process, and the new H-1B modernization rule which impacts H-1B CAP filings, employers...more

Hogan Lovells

Space Sector Update: Next steps for modernising regulation of On-Orbit Servicing in the UK

Hogan Lovells on

Following on from the UK Government’s “Space Industrial Plan” released in March 2024, the UK Government is taking steps to overhaul its approach to regulating on-orbit servicing. The aim being to modernise the 50 year-old...more

Brownstein Hyatt Farber Schreck

SASC Chair Wicker’s Report and Bill Take Aim at DOD Inefficiencies

Just before the holidays, incoming Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-MS) released a new report, “Restoring Freedom’s Forge,” along with a comprehensive new piece of legislation, the “Fostering...more

Amundsen Davis LLC

H-1B Modernization Rule Finalized

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The Department of Homeland Security has announced a comprehensive update to the H-1B visa program, set to take effect on January 17, 2025. This modernization introduces new flexibilities, strengthens oversight, and provides...more

Tarter Krinsky & Drogin LLP

Effective January 17, 2025 - Final H-1B Regulations will Significantly Change the H-1B Program

The need for a modernization of the H-1B Program has been in the pipeline and in discussion throughout the Biden years, but only in the waning days of the administration did the Department of Homeland Security (DHS) issue...more

Mintz - Immigration Viewpoints

US Department of Homeland Security Publishes H-1B Modernization Rule

On December 18, 2024, the Biden administration’s Department of Homeland Security published its final rule to overhaul several aspects of the H-1B visa program. This final rule, which takes effect 30 days after publication, is...more

Lasher Holzapfel Sperry & Ebberson PLLC

Modernizing an Existing Irrevocable Trust

Many savvy estate plans include the use of an irrevocable trust that was established many years ago. However, the very nature of an irrevocable trust means that once the trust agreement is finalized, the terms of that trust...more

Constangy, Brooks, Smith & Prophete, LLP

DHS issues Final Rule modernizing H-1B program

The U.S. Department of Homeland Security issued its H-1B modernization Final Rule this Wednesday. The rule is intended to improve the H-1B program by providing clarifications to make the program more efficient, improving the...more

Jackson Lewis P.C.

USCIS H-1B Modernization Final Rule Effective January 17: Highlights for Employers

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On Dec. 18, 2024, USCIS released the Modernizing H-1B Requirements, Providing Flexibility in the F-1 Program, and Program Improvements Affecting Other Nonimmigrant Workers Final Rule. First proposed in October 2023, the Biden...more

Holland & Knight LLP

Podcast - Defense Dynamics: Navigating the Post-Election Landscape for the National Security Sector, Part 2

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In the second part of "Defense Dynamics: Navigating the Post-Election Landscape for the National Security Sector," hosts Misha Lehrer, Dan Sennott, and Simon Coon discuss the anticipated changes in U.S. defense policy...more

Wiley Rein LLP

Standard Team Telecom Questions Take Effect, Completing FCC’s Modernization Effort

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On Friday, August 23, the Federal Communications Commission (FCC or Commission) issued a Public Notice announcing that its rules regarding standardized national security and law enforcement questions (Standard Questions) for...more

Dechert LLP

Modernization of French Alternative Investment Funds: The Stakes of Ordinance No. 2024-662 Dated July 3, 2024

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The French Ordinance no. 2024-662 dated July 3, 2024, on the modernization of the regime governing alternative investment funds (the Ordinance) represents a major step forward. This has been long called in the Paris...more

Troutman Pepper Locke

The Implications and Opportunities of the Renewable Energy Modernization Rule

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Executive Summary - The new Renewable Energy Modernization Rule (or “Mod Rule”) is the first major change to US offshore wind regulations since they were first promulgated in April 2009. There was essentially no US offshore...more

Troutman Pepper Locke

FDIC Finalizes Amendments to Regulations Governing Official Signs, Advertising Requirements, and Misrepresentations Regarding...

Troutman Pepper Locke on

The Federal Deposit Insurance Corporation (FDIC) has recently issued a final rule amending its regulations governing the use of official FDIC signs and insured depository institutions’ (IDIs) advertising statements. The new...more

Ballard Spahr LLP

Wisconsin and Maine enact Model Money Transmission Modernization Law

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In April 2024, Wisconsin and Maine enacted the Model Money Transmission Modernization Law (“MTML”) to implement the Conference of State Bank Supervisors’ Model Money Transmission Modernization Act.  As of April 22, 2024,...more

McAfee & Taft

Recent amendments to the Supreme Court of Oklahoma's Rule 1.200 and other notable changes: A shift in access to unpublished...

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2024 amendment: Unveiling unpublished opinions - The Oklahoma Supreme Court’s recent amendment to Rule 1.200 on February 26, 2024, continues the court’s shift towards judicial modernization and transparency, allowing...more

Troutman Pepper Locke

Trade Groups File Lawsuit Challenging CRA Modernization Final Rule

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This week, the Texas Bankers Association, the Amarillo Chamber of Commerce, the American Bankers Association, the Chamber of Commerce of the United States of America, the Longview Chamber of Commerce, the Independent...more

McDermott+

Organ Procurement and Transplantation Network: What’s Next in Oversight and Reform

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The Organ Procurement and Transplantation Network (OPTN) is a public-private partnership that manages the US organ donation and transplantation system. Today, more than 100,000 people are on the organ transplant waiting list,...more

Wiley Rein LLP

FEC Adopts New Rules for Internet Communications and Candidate Salaries

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In its final meeting of 2023 held last Thursday, December 14, the Federal Election Commission (FEC or Commission) adopted a series of significant rulemakings and policy recommendations to Congress. The first rulemaking,...more

Husch Blackwell LLP

Customs Modernization Bill Addresses Trade Reform

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On December 8, 2023, Senators Bill Cassidy and Sheldon Whitehouse introduced a new version of the Customs Modernization bill to amend the Tariff Act of 1930. The new proposal comes over two years after Senator Cassidy...more

Troutman Pepper Locke

SEC Unable to Correct Defects of Share Repurchase Disclosure Modernization Rule

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On November 22, the Securities and Exchange Commission (SEC) issued an order postponing the Share Repurchase Disclosure Modernization Rule (the Repurchase Rule). The SEC’s announcement followed the U.S. Court of Appeals for...more

Dechert LLP

New Luxembourg Bankruptcy Law Enhances Luxembourg’s Restructuring Framework

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One of the two main objectives of the Law is to implement the 2019/1023 Directive, which itself aims to foster the proper functioning of the EU internal market and remove hindrances to the exercise of fundamental rights and...more

Vinson & Elkins LLP

The UK Issues Ultimatum on the Energy Charter Treaty: What's Next?

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The UK has announced that it will review its membership of the Energy Charter Treaty (the “ECT” or “Treaty”) if there is no agreement on modernisation by November 2023. This announcement comes after a second vote on...more

K&L Gates LLP

Modernization of Luxembourg Fund Products: Enhancing the Investment Fund Toolbox

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With the recent entry into force of the law of 21 July 2023 (the Modernization Law) on 28 July 2023, Luxembourg significantly modernizes its investment fund toolbox by introducing several amendments to existing laws governing...more

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