Capital Markets

  • September 28, 2026

    Peirce's Exit To Leave SEC With Just 2 Members

    U.S. Securities and Exchange Commission member Hester Peirce plans to leave the agency at the end of this week, leaving the five-member commission in the hands of just two people as the White House has yet to name a replacement for Peirce or to fill open Democratic slots.

  • September 28, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week heard arguments over whether to dismiss a derivative suit accusing UiPath Inc. insiders of misleading investors and trading on inside information, while a Match Group Inc. stockholder sued for records concerning reports of sexual assault and other violence involving users of the company's dating apps.

  • September 28, 2026

    Broadfield, Loeb Guide $587M Aerospace SPAC Deal

    Aerospace and defense company Astro Digital US, advised by Broadfield LLP, on Monday announced plans to go public by merging with Loeb & Loeb LLP-led special purpose acquisition company Proem Acquisition Corp I in a deal that values it at a pro forma post-money enterprise value of roughly $587 million.

  • September 28, 2026

    Louis Dreyfus Appeals Bid To Arbitrate Cotton Futures Case

    Louis Dreyfus Commodities BV is appealing to the Second Circuit after a New York federal court refused its bid to force cotton futures traders to arbitrate a long-running case over the alleged manipulation of the cotton futures market.

  • September 28, 2026

    Kirkland, White & Case Lead Defense Firm's $1.25B SPAC Deal

    REDLattice and blank check company Bold Eagle Acquisition Corp. said Monday they have agreed to merge in a deal that would take the cyber intelligence company public at a $1.25 billion premoney enterprise value.

  • September 25, 2026

    Kalshi Sports Contracts Aren't Financial Swaps, 6th Circ. Says

    In a closely watched decision that exacerbates an existing circuit split, a Sixth Circuit panel on Friday rejected Kalshi's assertion that the sports-related transactions made on its platform should be considered federally regulated swaps and not conventional betting subject to state gambling laws.

  • September 25, 2026

    SEC Says Mich. Atty Tipped Family About Pharma Co. Merger

    The U.S. Securities and Exchange Commission on Friday accused a Michigan tax lawyer of insider trading, alleging he told his brother and cousin about a planned but not-yet-announced merger between Y-mAbs Therapeutics Inc. and SERB Pharmaceuticals.

  • September 25, 2026

    CFTC Says Firm Ran $950M Global Forex Ponzi Scheme

    Investment firm Cash FX Group SA told investors their money would be used to trade retail foreign currency contracts in a commodity pool but in reality operated a $950 million multilevel marketing Ponzi scheme, the Commodity Futures Trading Commission said.

  • September 25, 2026

    Ind. Panel Rejects NCAA Call To Ban Pregame Player Bets

    The Indiana Gaming Commission has unanimously rejected a request from the NCAA to ban pregame proposition bets on college players, saying the state Legislature is better suited to address the issue.

  • September 25, 2026

    Feds' Stablecoin Review Committee Rules On The Horizon

    The White House has completed its review of regulators' planned forms and procedures for reviewing and approving state-level stablecoin licensing frameworks, indicating the U.S. Treasury Department could soon circulate the rules.

  • September 25, 2026

    FDIC Orders 'Pro-America' Online Bank To Shore Up Finances

    The Federal Deposit Insurance Corp. has found Old Glory Bank, an online bank that bills itself as "pro-America" and liberty-focused, "significantly undercapitalized" and is directing it to take immediate corrective action.

  • September 25, 2026

    DC Circ. Backs Bitcoin Fog Crypto Mixer Conviction

    The D.C. Circuit upheld the conviction of Bitcoin Fog operator Roman Sterlingov in a Friday opinion that found the government adequately tied his conduct to the D.C. venue and introduced sufficiently reliable forensic evidence to link him to the cryptocurrency mixing service.

  • September 25, 2026

    Tariffs, Not Fraud, Hurt Apparel Co.'s Finances, Court Told

    Protective apparel company Lakeland Industries Inc. asked a New York federal court to dismiss a proposed investor class action accusing it of ignoring a former finance employee's concerns about its global sales data and concealing information about its true financial condition, saying missing earnings estimates is "unfortunate" but not fraud.

  • September 25, 2026

    CFTC, Ex-HSBC Exec Set For Trial In Swap Manipulation Suit

    A New York federal judge has denied dual motions for summary judgment from the U.S. Commodity Futures Trading Commission and a former HSBC executive accused of manipulating the price of an interest rate swap ahead of a client's $2 billion bond offering, finding there are several material factual disputes about the executive's alleged conduct.

  • September 25, 2026

    Cooley, Latham Steer RNA Drugmaker's Upsized $446M IPO

    San Diego-based biotechnology company ADARx Pharmaceuticals began trading publicly on Friday after raising $446 million in its initial public offering steered by Cooley LLP and Latham & Watkins LLP, adding to the growing list of biotech IPOs recently.

  • September 25, 2026

    Don't Miss It: Simpson Thacher, Latham Steer Hot Deals

    A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple of weeks, and it's difficult to keep up with all the deals. Here, Law360 recaps the ones you may have missed, including transactions helmed by Simpson Thacher & Bartlett LLP and Latham & Watkins LLP.

  • September 25, 2026

    Taxation With Representation: Kirkland, Latham, McDermott

    In this week's Taxation With Representation, Royal Caribbean invests billions in a joint venture with Sandals, Telix Pharmaceuticals buys ITM Isotope Technologies Munich, and Priority Technology makes a go-private deal with an investor group helmed by the company's chair and CEO.

  • September 24, 2026

    Fed Pitches Stablecoin Issuer Rules In Latest Genius Act Push

    The Federal Reserve Board on Thursday proposed rules to set key prudential standards and other guardrails for stablecoin issuers under its oversight, rounding out an initial phase of rulemaking at the federal banking agencies to implement the U.S. stablecoin law known as the Genius Act.

  • September 24, 2026

    Hain Investors Seek Final OK For $35M 'Channel-Stuffing' Deal

    Food and personal care company Hain Celestial and a class of investors have reached a $35 million deal to resolve channel-stuffing claims roughly a year after the Second Circuit revived the suit. 

  • September 24, 2026

    CFTC Allows Tokenized Investments, Blockchain Records

    The U.S. Commodity Futures Trading Commission updated crypto guidance on Thursday to note that registrants can invest customer funds in tokenized versions of otherwise permitted investments and use blockchain tech to meet recordkeeping requirements.

  • September 24, 2026

    SEC May Preview Accredited Investor Changes Next Week

    The U.S. Securities and Exchange Commission next week plans to take a step closer to expanding the number of individuals eligible to invest in startups and other private companies, and also revisit rules around investment adviser compensation.

  • September 24, 2026

    Maryland Judge Sends CarMax Investor's Tariff Suit to Virginia

    An investor suit accusing CarMax Inc. of mischaracterizing a sales bump prior to the Trump administration's tariffs as a sign of sustainable growth has been transferred to Virginia by a Maryland federal judge.

  • September 24, 2026

    PE Funds Use AI To Tailor Strategies Amid Heavy Competition

    Almost all U.S. private equity firms expect artificial intelligence to fundamentally change their investment strategies, according to a new BDO survey, as funds apply the technology across every stage of the deal cycle, from deal sourcing to diligence.

  • September 24, 2026

    $16M Note Leads To Fraud Charges For Booted Housing Boss

    The former executive director of two Connecticut housing authorities pled not guilty Thursday to five counts of wire fraud and four counts alleging illegal money transactions after prosecutors accused him of pocketing about $824,000 from a loan tied to a $16.2 million promissory note.

  • September 24, 2026

    $16M Coinbase Crypto Thief 'Lolimfeelingevil' Gets 12 Yrs.

    A 23-year-old Brooklyn man who drained some 100 Coinbase accounts of $16 million by posing as a representative for the cryptocurrency exchange and bragged online about his heists was sentenced in state court Wednesday to 12 years behind bars, according to prosecutors.

Expert Analysis

  • AI Governance Tips For Avoiding Securities Suits

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    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

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    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

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    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

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    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

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    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

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    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?

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    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

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    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

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    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.

  • Series

    Choral Singing Makes Me A Better Lawyer

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    Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, who infused my clerkship year with opera music — has improved my legal career by refining my abilities to listen, exude confidence and develop emotional intelligence, says Bonnie Baker at Friedman Kaplan.

  • What Ratings Overhaul May Mean For Banking Industry

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    Proposed revisions to the bank rating system commonly known as CAMELS could constrain examiner discretion and tie supervisory outcomes more closely to measurable financial risk, potentially saving compliance costs, reducing the frequency of ratings downgrades and spurring a more growth-oriented banking system, say attorneys at Debevoise.

  • Attorney Mental Health Is An Ethical Obligation In The AI Era

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    As attorneys cope with the increasing unpredictability that artificial intelligence and constant policy changes have created, particularly in practice areas where they carry the emotional weight of clients’ most consequential life events, otherwise soft discussions about self-care are a matter of professional competence, says attorney Jack Jrada.

  • More Cos. Will Copy SpaceX's Shareholder Proposal Opt-Out

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    For more than 80 years, the shareholder proposal looked like a federal right guaranteed to all public company investors, but after SpaceX opted out before its recent initial public offering, other companies are likely to follow, says Mohsen Manesh at the University of Oregon School of Law.

  • Prediction Market Case Will Test US Insider Trading Reach

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    The insider trading case recently brought against Google employee Michele Spagnuolo may help clarify the extraterritorial reach of the Commodity Exchange Act and U.S. agencies' ability to police foreign trading in prediction markets, say attorneys at Akin.

  • The Hidden Settlement Problem In Complex Securities Cases

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    The Second Circuit's recent decision in Knapp v. Barclays is a reminder that in securities cases with complex corporate records, the tracing picture is rarely as settled as the complaint suggests, and that conversations in the early stages require everyone to work from the same underlying facts, says Peter Kamminga at JAMS.

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