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Compliance
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December 10, 2025
Magistrate Backs FinCEN Rules In All-Cash Real Estate Deals
A magistrate judge in Florida federal court rejected arguments from a title insurance company in upholding a U.S. Department of Treasury rule establishing new reporting requirements for all-cash residential real estate transactions as a means of combating financial crime.
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December 10, 2025
OCC Review Flags Big Banks For Debanking Policies
A top U.S. banking regulator said Wednesday that some of the nation's largest banks improperly restricted services to industries including adult entertainment and oil drilling, according to preliminary findings from a White House-commissioned debanking review.
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December 10, 2025
Feds Fight Bid To Reopen Years-Old Montana Bison Dispute
The federal government is fighting a motion by a neighborhood group to reopen a six-year-old dispute over a Yellowstone National Park bison management operation plan for additional environmental review, telling a Montana court that the decisions and documents challenged in the case are no longer operative.
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December 10, 2025
Amazon, P&G Sue Chinese Sellers Over Counterfeit Bug Traps
Amazon.com Inc. and Procter & Gamble Co. are suing a group of Chinese people and entities, alleging they have used Amazon's storefront to sell counterfeit insect traps using P&G's trademarks.
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December 10, 2025
Pot Shop Budtenders Say Tips Wrongly Split With Managers
Budtenders at a group of Massachusetts cannabis dispensaries alleged in a proposed class action filed in state court that managers are improperly pooling and taking a cut of tips left by customers.
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December 09, 2025
OCC Says Banks Can Transact In Crypto As Intermediaries
The Office of the Comptroller of the Currency said Tuesday that banks under its oversight may buy and sell digital assets for customers as "riskless principals," clearing this broker-stye activity as an extension of established banking practices.
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December 09, 2025
Trump's CFPB Says It Can't Be Forced To Take Fed Money
The Trump administration said Monday that the Consumer Financial Protection Bureau is not obligated to take funding from the Federal Reserve, and a D.C. federal judge can't order it to do so, pushing back against a request from the labor union challenging the agency's dismantling.
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December 09, 2025
States Ask Justices To Curtail Federal Trucking Law Shield
Ohio and 28 other states have urged the U.S. Supreme Court to hold that a federal trucking industry law can't shield freight brokers from certain state-based injury claims, arguing Congress did not intend to undermine states' authority over regulating road safety.
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December 09, 2025
Crypto Co. Paxful To Pay $4M For Money Laundering Failures
Paxful Holdings will pay $4 million over claims it failed to enforce anti-money laundering policies on its now-defunct, peer-to-peer bitcoin exchange that allegedly facilitated illicit transactions involving funds derived from criminal activity, including prostitution and distribution of child sex abuse material, according to a plea agreement filed Monday in California federal court.
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December 09, 2025
NCAA, NY State Univ. Ask Courts To Nix Trans Runner's Suits
The NCAA and a New York state university argue they did not violate New York state's antidiscrimination law by not allowing a transgender sprinter to compete in a women's track event, telling a state court that she could have still participated in the race if she had been willing to run in the male category.
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December 09, 2025
Ex-NY Gov. Aide 'All About The Money,' FARA Jury Hears
A Brooklyn federal prosecutor on Tuesday told jurors that a top former aide to two New York governors raked in millions of dollars in bribes and kickbacks in exchange for secretly working on behalf of China's government, saying she betrayed New Yorkers to enrich herself and her husband.
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December 09, 2025
Alaska And Juul Settle Vape Youth Suit For $5.8M
Juul Labs Inc. has agreed to pay $5.8 million to end claims it targeted young people in Alaska, according to an agreement the state and company signed that requires Juul to adhere to strict marketing and age-verification rules.
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December 09, 2025
FERC's Fate Uncertain As Humphrey's Executor Teeters
The future of the Federal Energy Regulatory Commission may hinge on whether the U.S. Supreme Court will remake its 90-year-old precedent that protects members of independent agencies from being fired at will by the president.
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December 09, 2025
Tyson Seeks Del. Toss Of Suit For Poultry Growing Docs
An attorney for a Tyson Foods Inc. stockholder told a Delaware magistrate in Chancery on Monday that records and sources spanning years support allegations of mismanagement and animal abuse and cruelty in poultry production, justifying wider document access.
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December 09, 2025
OFAC Inks $1M Russian Sanctions Deal With Ex-Gov't Official
The U.S. Treasury's Office of Foreign Assets Control announced Tuesday that an unidentified attorney and former government official has agreed to pay more than $1 million to settle allegations the individual violated Russian sanctions by acting as a fiduciary for the family trust of a blocked Russian oligarch.
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December 09, 2025
Conn. Barred From Taking Action Against Kalshi For Now
A Connecticut federal judge has ordered the state to refrain from taking enforcement action against KalshiEX LLC, while the derivatives exchange's preliminary injunction motion is pending, in a suit seeking to prevent the Connecticut Department of Consumer Protection from directing Kalshi to cease operations within the state.
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December 09, 2025
NJ Slams Town's Bid To 'Unilaterally Rewrite' PFAS Deal
New Jersey has slammed a bid by Carneys Point Township to intervene in the state's federal suit against Chemours and other companies over PFAS contamination, saying the township shouldn't be allowed to "rewrite" the terms of the deal.
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December 09, 2025
FINRA Flags GenAI Risks In Annual Oversight Report
The Financial Industry Regulatory Authority said in a Tuesday report that firms "may want to consider" developing supervisory processes covering generative AI at an enterprise level, as well as steps to mitigate associated risks such as inaccuracy and bias.
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December 09, 2025
FTC Wants Watchdog Retaliation Suits Before Different Judges
The Federal Trade Commission urged a D.C. federal judge Tuesday to unassign herself from an antidisinformation nonprofit's lawsuit challenging a subpoena allegedly served in retribution for listing conservative outlets as top disinformation risks, arguing the case has nothing to do with a similar one the judge is already presiding over.
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December 09, 2025
Ex-Oil Trader Gets 15 Months, Avoids FCPA Forfeiture For Now
A former Connecticut oil trader convicted of violating the Foreign Corrupt Practices Act by laundering money and bribing officials at Brazilian oil giant Petróleo Brasileiro SA on Tuesday was sentenced to 15 months behind bars plus a $300,000 fine, avoiding for now a potential $7.8 million forfeiture order.
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December 09, 2025
Cannabis Stores Can't Sue Under RICO, 9th Circ. Rules
The Ninth Circuit on Tuesday backed a federal judge in tossing racketeering claims brought against a California city by a group of companies facing more than $5 million in local government fees under a contract to allow construction of six cannabis cultivation facilities.
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December 09, 2025
Texas Appeals Court Weighs $38M Electrocution Judgment
A Texas appellate court wanted to know why it should uphold a $38 million judgment against Oncor Electric Delivery Co. LLC for a man who was electrocuted while trimming trees around a power line, asking Tuesday how Oncor's actions caused the man's injuries.
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December 09, 2025
Republican FCC Commish Signals More 'Delete' Reg Actions
A Republican member of the Federal Communications Commission said Tuesday the agency is looking at even more ways to reduce clutter on the telecom regulatory landscape.
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December 09, 2025
Judge Says Betting Case No 'Slam Dunk' For Kalshi Or Mass.
A Massachusetts judge said Tuesday he's unlikely to decide before January whether state gambling regulators can pursue claims that prediction market operator KalshiEX is flouting sports betting laws, and if so, whether he should grant the state's request for an injunction.
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December 09, 2025
CFPB Eyes 'Interim' Open Banking Rule As Funds Run Low
The Consumer Financial Protection Bureau said it plans to issue an "interim final" revamp of its open banking rule now that its funding is on the verge of running out, the latest move by the agency to prepare for a possible shutdown in the coming weeks.
Expert Analysis
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Strategies For Merchants As Payment Processing Costs Rise
As current economic pressures and rising card processing costs threaten to decrease margins for businesses, retail merchants should consider restructuring how payments are made and who processes them within the evolving legal framework, says Tom Witherspoon at Stinson.
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7 Areas To Watch As FTC Ends Push For A Noncompete Ban
As the government ends its push for a nationwide noncompete ban, employers who do not want to be caught without protections for legitimate business interests should explore supplementing their noncompetes by deploying elements of seven practical, enforceable tools, including nondisclosure agreements and garden leave strategies, say attorneys at Seyfarth.
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Shifting Crypto Landscape Complicates Tornado Cash Verdict
Amid shifts in the decentralized finance regulatory landscape, the mixed verdict in the prosecution of Tornado Cash’s founder may represent the high-water mark in a cryptocurrency enforcement strategy from which the U.S. Department of Justice has begun to retreat, say attorneys at Venable.
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Opinion
NYC Landlords Should Fight Unlawful Occupancy With 2 Laws
New York City property owners should proactively use the Multiple Dwelling Law and Administrative Code to maintain the integrity of the city's housing market, safeguard tenant safety and keep unlawful occupancy disputes out of the already overwhelmed New York City Housing Court, say attorneys at Rosenberg & Estis.
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5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
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Blockchain May Offer The Investor Protection SEC Seeks
As the U.S. Securities and Exchange Commission moves to control the ballooning costs of the consolidated audit trail and attempts to finally give regulators a unified, real-time picture of trading, blockchain demonstrates what it looks like when that kind of transparency is a baseline feature, not an aspirational overlay, says Tuongvy Le at Veda Tech Labs.
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Del. Dispatch: Chancery Expands On Caremark Red Flags
The Delaware Court of Chancery’s recent Brewer v. Turner decision, allowing a shareholder derivative suit against the board of Regions Bank to proceed, takes a more expansive view as to what constitutes red flags, bad faith and corporate trauma in Caremark claims, say attorneys at Fried Frank.
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Opinion
It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
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Prepping For Website Automatic Opt-Out Signal Mandates
Maryland's Online Data Privacy Act, which, along with a growing number of U.S. states, requires businesses to offer mechanisms in their privacy policies or online interfaces to allow individuals to opt out of data collection, marks a new frontier in consumer privacy, raising both technical and legal risks, say attorneys at Baker Donelson.
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Tips For Cos. Crafting Enforceable Online Arbitration Clauses
Recent rulings from the Ninth Circuit and the U.S. District Court for the Southern District of California indicate that courts are carefully examining the enforceability of online arbitration clauses, so businesses should review the design of their websites and consider specific language next to the "purchase" button, say attorneys at DTO Law.
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Who Will Regulate Insider Trading In Prediction Markets?
The possibilities for insider trading have greatly expanded in the brave new world of prediction markets, and both the U.S. Commodity Futures Trading Commission and U.S. Department of Justice could bring enforcement actions in the space, so businesses should revisit their insider trading and confidential information policies, say attorneys at Fenwick.
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Opinion
Crypto Bills' Narrow Scope Guarantees Continued Uncertainty
The Digital Asset Market Clarity Act and Responsible Financial Innovation Act aim to make the $4 trillion crypto market more transparent and less susceptible to fraud, but their focus on digital assets sold in investment contract transactions promises continued uncertainty for the industry, says Joe Hall at Davis Polk.
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Rules Of Origin Revamp May Be Next Big Trade Development
The rules of origin for determining what tariff applies to any given import appear to be on the cusp of an important rethink, and it seems likely that the administration will try to align the rule with its overall tariff strategy in one of three ways, says Ted Posner at Baker Botts.
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7 Lessons From The Tractor Supply CCPA Enforcement Action
The California Privacy Protection Agency's recent enforcement action targeting Tractor Supply for alleged violations of the California Consumer Privacy Act provides critical insights into the compliance areas that remain a priority for the California regulator, including businesses with significant consumer interactions, say attorneys at Troutman.
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Considering Judicial Treatment Of The 2023 Merger Guidelines
Courts have so far primarily cited the 2023 merger guidelines for propositions that do not differ significantly from prior versions of the guidelines, leaving it unclear whether the antitrust agencies will test the guidelines’ more aggressive theories, and how those theories will be treated by federal judges, say attorneys at Covington.