Capital Markets

  • August 13, 2026

    SEC May Vote To Ease Pay-To-Play Rules This Year

    The U.S. Securities and Exchange Commission has informed the White House that it could soon move forward with plans to loosen the rules around political contributions made by investment advisers, regulations that SEC Chair Paul Atkins has recently called "a trap for the unwary."

  • August 13, 2026

    NYC Bar Committee Calls For Nationwide AI Rules Framework

    A New York City Bar Association committee concluded in a policy paper published Wednesday that artificial intelligence tools "may assist legal work but cannot substitute for professional legal judgment," calling for a national framework to be built into the Model Rules of Professional Conduct governing its use.

  • August 12, 2026

    WSJ Says Binance Sued Because It's Unhappy With Facts

    The publisher of the Wall Street Journal on Wednesday urged a Manhattan federal judge to deep six a defamation suit brought by Binance over reporting about internal investigators at the crypto exchange who were allegedly fired after flagging Iranian sanctions violations, saying the company is just unhappy with the way the Journal reported the facts.

  • August 12, 2026

    Trump Sued Over 'Corrupt' $100K Early Truth Social Access

    Online news outlet The Intercept and the Freedom of the Press Foundation sued President Donald Trump Wednesday in New York federal court, accusing him of violating the Constitution with an "extraordinary, corrupt, and unconstitutional" scheme by allowing paying customers to receive advance access to official presidential announcements through Truth Social.

  • August 12, 2026

    Compliance Officer's Partner Traded On Deal Info, SEC Says

    The U.S. Securities and Exchange Commission has accused a Texas man of trading on inside information about an Asahi Kasei acquisition that he allegedly learned from a now-former romantic partner who at the time was a compliance director at an Asahi subsidiary. 

  • August 12, 2026

    Broad Street Can't Use Trump Order To Dodge SEC Suit

    A Florida federal judge refused to dismiss a U.S. Securities and Exchange Commission suit against a private equity firm accused of defrauding investors in a $1 billion fund, saying a 2025 executive order by President Donald Trump does not allow the firm to duck the SEC's allegations.

  • August 12, 2026

    9th Circ. Upholds Ex-ITT Students' $12M Loan Fraud Win

    The Ninth Circuit Wednesday affirmed a $12 million judgment to former students of bankrupt for-profit college ITT Education Services Inc., saying their RICO claims against student loan servicers weren't time-barred because evidence showed the students had no way of knowing they were being scammed more than four years before they filed suit.

  • August 12, 2026

    NYC Probes Polymarket, Kalshi Over Ads Targeting Minors

    The New York City Council announced Wednesday that it is investigating Kalshi, Polymarket, Coinbase and Gemini Titan for potentially false, deceptive or abusive advertising tactics for their prediction market platforms, expressing concerns about marketing directed toward young people.

  • August 12, 2026

    Zillow Investors Urge Justices To Reject Post-Goldman Case

    Zillow investors have asked the U.S. Supreme Court not to hear a lawsuit over the company's shuttered homebuying business, arguing that the justices should reject Zillow's request to apply a "new, stricter rule" for certifying shareholder class actions.

  • August 12, 2026

    SEC Rejects Egan-Jones' Bid To Rate Gov't Securities, ABS

    The U.S. Securities and Exchange Commission on Wednesday denied Egan-Jones Ratings Co.'s bid for official recognition of its government bond and asset-backed securities ratings, ruling that the company's application for recertification contained inaccurate information about the company's ABS offerings.

  • August 12, 2026

    Novig Loses Bid To Halt NY Action Over Prediction Market

    A New York federal judge has refused to grant a temporary restraining order that would block the state from taking action against prediction market Novig, stating she was following the lead of another judge in her district who issued a similar ruling against Kalshi.

  • August 12, 2026

    Kalshi Uses CFTC Order To Build Case For NY Shield

    Kalshi intensified its push for the Second Circuit to shield it from a New York state lawsuit targeting its sports event contracts Wednesday, arguing a new U.S. Commodity Futures Trading Commission directive demonstrates the company's need for protection.

  • August 12, 2026

    Goldman Sachs To Buy NEOS Investments For Up To $2.25B

    Goldman Sachs said Wednesday that it has agreed to acquire NEOS Investments, a provider of options-based income exchange-traded funds, for up to $2.25 billion in cash and equity, in a transaction steered by three law firms. 

  • August 12, 2026

    Ex-Raymond James Adviser Fined After Taking $947K In Gifts

    Connecticut's banking and securities regulator has fined a onetime Raymond James investment adviser agent for borrowing $140,000 from a brokerage client, accepting $947,000 in gifts from two clients and making an inaccurate statement on a form she filed in connection with her next job at Lincoln Investment, according to a consent order.

  • August 11, 2026

    CFTC Moves To Shield Kalshi From NY Lawsuit

    The U.S. Commodity Futures Trading Commission issued an emergency order Tuesday evening telling Kalshi that, even if the state of New York wins a restraining order preventing the prediction market platform from offering event contracts, it should continue business as usual.

  • August 11, 2026

    Microsoft Heads Accused Of Lying To Investors On AI Strategy

    Microsoft leadership routinely touted the success of the company's artificial intelligence products and its multibillion-dollar partnership with OpenAI even as the tech giant violated copyright laws to train its large language models and fell behind other AI developers, according to a shareholder stock-drop suit filed Monday in Washington federal court.

  • August 11, 2026

    Atty Can't Represent His Securities Class Claims, Judge Says

    A New Jersey federal court has prohibited an attorney from serving as class counsel in his proposed class action accusing a group of financial services companies of running a scheme driven by high commissions and undisclosed conflicts of interest, saying the suit can only be refiled if new class counsel is brought in.

  • August 11, 2026

    VC Fund Says SEC Has Spun 'Innocent' Lapses Into Fraud

    Venture capital firm Backswing Ventures GP LLC has urged a Florida federal court to dismiss a U.S. Securities and Exchange Commission suit, arguing the SEC has spun "innocent administrative lapses" into an alleged fraud despite evidence to the contrary.

  • August 11, 2026

    SEC's Atkins Floats Takeover Of Key Market Surveillance Tool

    The U.S. Securities and Exchange Commission is considering scrapping a market surveillance tool called the consolidated audit trail as it currently operates in favor of giving the agency direct oversight of the trading that occurs across U.S. exchanges, according to a letter from Chairman Paul Atkins.

  • August 11, 2026

    Nev. Trader To Pay SEC $1.5M To End Spoofing Claims

    A Las Vegas-based securities trader has agreed to settle the U.S. Securities and Exchange Commission's claims that he used his long-time knowledge of the industry to carry out a four-year market spoofing scheme, which generated over $1.1 million.

  • August 11, 2026

    Neogen Beats Investor Suit Over 3M Integration Claims

    A suit alleging food safety company Neogen hid postmerger financial difficulties following its combination with a division of manufacturing giant 3M was tossed by a Michigan federal judge, who found the suit's challenged statements were either inactionable or that the defendants did not intentionally mislead the public.

  • August 11, 2026

    Nvidia, 6 Partners Plan $500B In AI Infrastructure Financing

    Nvidia, Goldman Sachs, KKR, Apollo Management, BlackRock, Brookfield and Blackstone are teaming up to spend over $500 billion in "third-party capital" on building artificial intelligence infrastructure, Nvidia announced.

  • August 11, 2026

    Kalshi Loss Dooms Coinbase's Bid To Block Conn. Enforcers

    A Connecticut federal judge has denied Coinbase's request to keep state gaming regulators from cracking down on its sports offerings, tying the decision to a nearly identical ruling he made against Kalshi earlier in the day.

  • August 11, 2026

    Viks Ask Conn. Justices To End Deutsche Bank's 2nd Lawsuit

    Alexander Vik and his daughter have asked the Connecticut Supreme Court to spare them from a revived Deutsche Bank AG lawsuit that claims they disrupted a Norwegian software company's share sale designed to partially satisfy a $243 million English court judgment, arguing a lower appeals court ruling was flawed.

  • August 11, 2026

    SEC Prepared To Introduce Crypto Regulations This Week

    The U.S. Securities and Exchange Commission plans to hold a meeting Friday during which it could issue a proposed rule outlining a path forward for the trading of crypto-assets under the agency's oversight.

Expert Analysis

  • How Nixing Trade-Through Rule Would Alter Equity Markets

    Author Photo

    The U.S. Securities and Exchange Commission's recent proposal to rescind the trade-through rule and the locked-and-crossed-markets prohibition represents one of the most significant potential changes to U.S. equity market structure in two decades, affecting exchanges, broker-dealers, and institutional and retail investors alike, say attorneys at WilmerHale.

  • 2 AI Washing Rulings Apply Familiar Securities Fraud Rules

    Author Photo

    Two recent federal court decisions to allow AI washing complaints to proceed begin to clarify the line between nonactionable optimism and actionable misstatements by framing the core issue as not overstating the promise of artificial intelligence, but misrepresenting the current state of a company's products, say attorneys at WilmerHale.

  • The Nuance Between The Atkins, Gensler SEC Strategic Plans

    Author Photo

    U.S. Securities and Exchange Commission Chairman Paul Atkins' recent draft strategic plan is a marked departure from that of former Chair Gary Gensler, portraying an intention to leave decisions to the market rather than steering corporate behavior through expansive disclosure mandates and regulatory enforcement, say attorneys at Cleary.

  • Future Of Fed Independence Shaky After Justices' Ruling

    Author Photo

    The U.S. Supreme Court's recent ruling in Trump v. Cook preserved the Federal Reserve's formal independence but could invite the president to remove board members with just modest protections, leaving the central bank's autonomy uncertain and potentially setting up fresh clashes over other agencies, says Steven Schwinn at the University of Chicago.

  • Series

    Mich. Banking Brief: All The Notable Legal Updates In Q2

    Author Photo

    The second quarter brought several notable financial services law developments to Michigan, including a U.S. Supreme Court ruling on state tax foreclosures, progress on a money transmission modernization bill package, and continued legislative momentum on cryptocurrency and mortgage lending, say attorneys at Dykema.

  • CFIUS' Mandate Misses Foreign Risk In Project Subcontracts

    Author Photo

    Recent calls for the Committee on Foreign Investment in the United States to review equity transactions like the Paramount Skydance-Warner Bros. deal miss a consequential oversight gap — CFIUS' inability to review the subcontracting layer of U.S. infrastructure projects, says Thibaut Giret at Alstef Group.

  • AI Governance Tips For Avoiding Securities Suits

    Author Photo

    A recent securities class action in California federal court against lending platform Upstart highlights how statements about artificial intelligence are increasingly being scrutinized not only by regulators, but also by shareholders, meaning companies should ensure oversight frameworks keep pace with the technology, say attorneys at Akerman.

  • Series

    Bass Fishing Makes Me A Better Lawyer

    Author Photo

    Landing a trophy striped bass and closing a big deal both require cultivating the patience to finesse — not force — your way to desired outcomes, changing course when your old approach isn’t working and learning from the ones that got away, says Jon Ruiss at Alston & Bird.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q2

    Author Photo

    The year's second quarter brought several notable banking law developments to New York, including a proposal to align state stablecoin rules with the federal Genius Act, fresh fair lending and cybersecurity guidance from state regulators, and a significant Second Circuit holding on preemption, say attorneys at Ashurst Perkins Coie.

  • Roundup

    The Most Talked-About Supreme Court Decisions Of 2026

    Author Photo

    This term, 11 U.S. Supreme Court decisions quickly became hot topics among Law360's guest writers.

  • Texas Business Court Rulings Show Deal Terms Paramount

    Author Photo

    As the courts within the Texas Business Court system have begun reaching the substantive merits of the cases before them, they are persuasively demonstrating they will not only enforce the terms of transactions as written, but will also embrace a holistic approach to complex transaction documentation interpretation, says Christopher Pace at Winston Taylor.

  • Why SEC Climate Rule Rescission Wouldn't End Disclosure

    Author Photo

    If the U.S. Securities and Exchange Commission's recent proposal to rescind its 2024 climate-related disclosure rules is adopted, companies would no longer need to prepare for the rules' specific governance, emissions, attestation, financial statement and tagging requirements, but several important constraints would remain, say attorneys at Venable.

  • Have Private Suits Filled Gap Left By SEC's Crypto Pullback?

    Author Photo

    In the wake of the U.S. Securities and Exchange Commission's regulatory retreat in the crypto space, private litigants have pursued claims across different types of crypto-related activities and market participants, but whether private lawsuits have replaced SEC enforcement remains unclear, says Simona Mola at NERA.

  • New Va. Finance Laws Signal Consumer Protection Push

    Author Photo

    Virginia's 2026 legislative session produced several noteworthy developments for financial institutions, including garnishment reforms, mortgage assumption requirements and debt collection reforms, signaling broader trends toward increased consumer protection, enhanced fraud prevention obligations and greater accountability in financial services operations, says Jay Spruill at Woods Rogers.

  • Opinion

    Exxon Shareholders Were Right To Save New Voting Program

    Author Photo

    Following Exxon shareholders’ recent vote that rejected a bid to dismantle the company’s new retail voting program, other companies should replicate it as a way to lower the friction for shareholders who already vote with the board to keep doing so without wrestling a ballot every spring, says J.W. Verret at the Antonin Scalia Law School.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Capital Markets archive.