Podcast: Private Fund Regulatory Update: Post-U.S. Government Shutdown
With President-elect Donald Trump’s election victory and upcoming inauguration, big changes appear likely for the Consumer Financial Protection Bureau in 2025. As the bureau faces its third major leadership transition within...more
The New Jersey Senate Legislative Oversight Committee hearing on October 21, 2024, provided a forum to explore how artificial intelligence (AI) is defined, the need for an integrated and expanded AI ecosystem, and the impact...more
On September 9, 2024, the House of Representatives passed H.R. 8333, the BIOSECURE Act (the “House Bill”). The text of the passed House bill was unamended from the version approved by the House Committee on Oversight and...more
The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) on June 28, 2024, announced a proposed rule to "strengthen and modernize financial institutions' anti-money laundering and countering the...more
The House Committee on Oversight and Accountability will hold a full committee hearing on July 10, 2024, on “Oversight of the U.S. Environmental Protection Agency.” According to the Committee’s July 3, 2024, press release,...more
Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session....more
El Senado de Colombia aprobó en primer debate el 5 de marzo de 2024, el Proyecto de Ley No. 038 de 2023, "Por medio de la cual se declara al río Magdalena, su cuenca, afluentes y desembocadura, como sujeto de derechos y se...more
Join us for this KPMG Board Leadership Center Webcast as we delve into the transformational implications of generative AI—opportunities, risks, and disruptions ahead—and how boards can help their companies navigate the...more
House Committee on Oversight and Accountability Chairman Rep. James Comer (R-KY) recently announced that the Committee is conducting oversight of the U.S. Department of Justice’s (DOJ) administration and enforcement of the...more
For companies in the energy and chemical sectors, the potential for antitrust scrutiny is an ever-present concern. The next round of enforcement inquiries is never further away than the next jump in commodity prices or the...more
Mayor Parker Plans to Address Kensington Open-Air Drug Market, Improve Philadelphia’s Education System Mayor Cherelle Parker has long emphasized her goal of permanently ending the open-air drug market in Kensington, an...more
University administrators, coaches, athletes and sports management agencies should all be aware of the emerging debate in the halls of Congress concerning the status of the name, image, likeness rule (NIL) and how this...more
You can’t seem to turn on the TV, listen to the radio, or open a newspaper these days without hearing about the merits and potential risks of AI—and the federal government is paying attention. Here are some recent...more
Proskauer, along with local counsel Canfield Law LLC, recently submitted an amicus curiae brief on behalf of the Institute for Innovation in Prosecution at John Jay College (“IIP”) in support of Georgia prosecutors who are...more
The Illinois Public Access Counselor (PAC) recently issued two non-binding opinions concerning the applicability of Open Meetings Act (OMA) requirements to board committees....more
July 18, 2023- The House Financial Services Subcommittee on Financial Institutions and Monetary Policyheld a hearing entitled "Climate-Risk: Are Financial Regulators Politically Independent?"...more
On June 6, 2023, the Public Company Accounting Oversight Board (“PCAOB”) proposed new auditing standards that would substantially broaden auditors’ responsibilities for considering an audit client’s noncompliance with laws...more
June 22, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "The Semiannual Monetary Policy Report to the Congress." June 22, 2023- The U.S. House Committee on Financial...more
Following the publication in April of its recommendations for the next phase of Open Banking in the UK, the Joint Regulatory Oversight Committee (JROC) has now set out an ‘ambitious programme of work’ to take those...more
Utah AG Sean Reyes and Alabama AG Steve Marshall testified at a recent House Committee on Oversight and Accountability hearing, reinforcing that AGs continue to take serious interest in the impact of ESG-based investing. At...more
May 24, 2023- The U.S. House Committee on Small Business held a hearing entitled, "Saluting Service: Supporting Veteran Owned Small Businesses."...more
On Wednesday, May 10, the House Committee on Oversight and Accountability held the first of multiple planned hearings on ESG. Wednesday’s hearing, “ESG Part I: An Examination of Environmental, Social, and Governance Practices...more
In March 2023, Commodity Futures Trading Commission (“CFTC”) Chairman Rostin Behnam laid out his regulatory agenda. Among the topics Chair Behnam addressed, several of the thematic areas directly impact the expectations for...more
What is SafeSport? The Protecting Young Victims from Sexual Abuse and Safe Sport Authorization Act of 2017 established the U.S. Center for SafeSport (“SafeSport”). Under the Act, SafeSport is responsible for training and...more
The California State Legislature recently passed a series of new employment laws that will impact employers beginning January 1, 2023, or in the near future. Three of the most significant new laws concern wage transparency,...more