Fintech

  • April 03, 2026

    Plaid Beats Fintech Patent Suit With Alice Finding

    A Utah federal judge has dismissed a patent infringement suit against financial services firm Plaid Inc., ruling that the asserted patent covering authentication processes for third-party transactions was directed to an abstract subject matter.

  • April 03, 2026

    Judge Stands By Block Of DOJ Subpoenas In Powell Probe

    A Washington, D.C., federal judge on Friday rejected a U.S. Department of Justice attempt to revive subpoenas from its investigation into Federal Reserve Chair Jerome Powell, saying the government hadn't "come close" to giving him a reason to rethink blocking them.

  • April 03, 2026

    Law360 Announces The Members Of Its 2026 Editorial Boards

    Law360 is pleased to announce the formation of its 2026 Editorial Advisory Boards.

  • April 03, 2026

    CFTC Appoints Deputy GCs For Regulation, Litigation

    The U.S. Commodity Futures Trading Commission announced Friday that it has hired a former U.S. Senate staffer and a lawyer with experience at the Virginia Attorney General's Office as deputy general counsel overseeing regulation and litigation at the agency.

  • April 02, 2026

    PayPal Hid Checkout Woes Before 20% Stock Drop, Suit Says

    Payments giant PayPal faces a proposed investor class action alleging the company concealed slowing growth for its critical branded checkout business, precipitating a trading price drop when the company disclosed a growth decline at the end of 2025.

  • April 02, 2026

    Treasury Proposes State Stablecoin Rules Meet OCC Standard

    The U.S. Department of the Treasury is seeking public feedback on a proposal that would counsel states to ensure their stablecoin regulatory regimes implement much of the Office of the Comptroller of the Currency's coming federal rules for issuers of the stable-value tokens.

  • April 02, 2026

    10th Circ. Agrees To Rehear Colo. Opt-Out Interest Rate Suit

    The Tenth Circuit agreed Thursday to rehear en banc banking groups' request for the court to take another look at their challenge to a Colorado law intended to curb high-cost lending in the state, vacating a November ruling that restored the law.

  • April 02, 2026

    CFTC Sues Ill., Conn., Ariz. Over Event Contract Enforcement

    The U.S. Commodity Futures Trading Commission continued its bid to assert "exclusive jurisdiction" over prediction markets on Thursday with a trio of suits against Arizona, Connecticut and Illinois regulators over the states' attempts to shut down certain event contract trading as unregistered gambling.

  • April 02, 2026

    Coinbase Gets OCC's Nod For National Trust Charter

    Coinbase said Thursday that it has received the Office of the Comptroller of the Currency's conditional approval to charter a national trust bank, a move that would position the crypto giant to broaden its business offerings under federal oversight.

  • April 02, 2026

    Vedder Advises PE Firm L Squared On $2B Fund Close

    Private equity firm L Squared Capital Partners said Thursday that it raised $2 billion in its fifth fund offering with advice from Vedder, targeting companies in sectors such as education and industrial technology.

  • April 01, 2026

    Robinhood Sues Wash. To Protect Prediction Market Biz

    Robinhood has launched a federal lawsuit seeking to shield itself from potential Washington state enforcement action over its prediction market offerings in the wake of Attorney General Nick Brown's Friday announcement that he's going after Kalshi for allegedly breaking Evergreen State gambling laws.

  • April 01, 2026

    Wheeling & Appealing: April's Most Notable Oral Arguments

    April is the coolest month, at least for appellate aficionados, featuring numerous important arguments with famous litigants, including U.S. senators, delivery apps Grubhub and Uber Eats, impresario Sean "Diddy" Combs, prediction platforms Kalshi and Robinhood, and a political giant known as the Velvet Hammer.

  • April 01, 2026

    Evita Boss Admits To Russia-Linked Crypto Laundering Ruse

    The founder of crypto payments firm Evita on Wednesday admitted to what prosecutors say was a scheme to launder over half a billion dollars in cross-border transactions through the U.S. financial system, including funds held by sanctioned Russian banks.

  • April 01, 2026

    CFPB Seeks Green Light To Shed Half Of Staff In New Plan

    The Consumer Financial Protection Bureau has asked the D.C. Circuit to let it proceed with a new plan to lay off roughly half of its remaining staff, arguing this latest downsizing proposal moots concerns that led to a lower-court injunction freezing efforts to slash its workforce.

  • April 01, 2026

    FDIC Reports Fewest Consumer Compliance Citations In Years

    Federal Deposit Insurance Corp. examiners last year cited banks for the fewest number of federal consumer protection violations since at least 2018, while the agency initiated half as many consumer protection-related enforcement actions as it did the year prior.

  • April 01, 2026

    Ex-CFO Can't Offset $35M Restitution With Crypto, Feds Say

    Federal prosecutors took issue Wednesday with a convicted former software executive's push to reduce the amount of money he needs to pay back in his $35 million fraud case, telling a Seattle federal court that Nevin Shetty shouldn't be able to offset his restitution obligation with cryptocurrency tokens.

  • April 01, 2026

    SEC Walks Away From Five Crypto Wash Trading Cases

    The U.S. Securities and Exchange Commission has voluntarily dismissed cases against five defendants accused of manipulating the cryptocurrency markets through wash trading, telling a Massachusetts federal court it will not pursue monetary remedies against one convicted fraudster who had already consented to an agency settlement.

  • April 01, 2026

    Ex-FTX Chief Engineer Resolves CFTC Fraud Suit For $3.7M

    The Commodity Futures Trading Commission Wednesday announced a New York federal court had entered an order resolving fraud charges against the former chief engineer of defunct cryptocurrency investment platform FTX.

  • March 31, 2026

    CFTC Enforcement Chief Touts Self-Reporting Policy

    The U.S. Commodity Futures Trading Commission's enforcement chief said Tuesday that the agency plans to give entities a "clear path" to avoiding cases if they self-report issues early, but warned that the agency plans to staff up to pursue fraud and manipulation, including in burgeoning prediction markets.

  • March 31, 2026

    Fed Will Take Fresh Look At Insider Loan Rules, Bowman Says

    Federal Reserve Vice Chair for Supervision Michelle Bowman signaled Tuesday that changes could be on the horizon for a set of longstanding rules that limit banks' lending to their own executives and other insiders, identifying them as an upcoming target for reconsideration.

  • March 31, 2026

    DOL's Push To Curb 401(k) Suits Could Face Court Challenges

    The U.S. Department of Labor's recent proposal to give retirement plan fiduciaries legal cover to select a broader range of investments aims to reduce ERISA litigation, but attorneys on both sides of the bar say they expect the rule to face legal challenges if finalized as proposed.

  • March 31, 2026

    OCC Scraps Recovery Planning Standards For Big Banks

    The Office of the Comptroller of the Currency said Tuesday that it is dropping its requirements for large banks to keep contingency plans for handling severe financial stress scenarios, finalizing the withdrawal of guidelines that date back to the Obama administration.

  • March 31, 2026

    Ohio Federal Judge Boots Kalshi Gambling Suit To State Court

    An Ohio federal judge sent a gambling loss recovery suit lodged against Kalshi, Robinhood Markets, Webull Corp. and other prediction market companies back to an Ohio state court, ruling its claims do not hinge on a federal question.

  • March 30, 2026

    FinCEN Cautions On Benefits Fraud, Floats Tipster Award Plan

    The U.S. Department of the Treasury's illicit finance watchdog called Monday for banks to step up monitoring for Medicare and Medicaid fraud, issuing new guidance on flagging suspicious activity, which came as officials also moved to incentivize financial crime reporting with new draft rules to offer tipster rewards.

  • March 30, 2026

    Blumenthal Questions SEC Over Crypto Cases, Ryan Exit

    U.S. Sen. Richard Blumenthal is demanding answers from U.S. Securities and Exchange Commission Chairman Paul Atkins about the sudden resignation of the regulator's enforcement director and whether her departure was related to cryptocurrency cases, including one touching on the Trump family's ventures.

Expert Analysis

  • Preparing For Congressional Investigations In A Midterm Year

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    2026 will be a consequential year for congressional oversight as the upcoming midterm elections may yield bolder investigations and more aggressive state attorneys general coalitions, so companies should consider adopting risk management measures to get ahead of potential changes, say attorneys at Morgan Lewis.

  • How Bank M&A Prospects Brightened In 2025

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    Even with less-than-ideal macroeconomic conditions in 2025, federal banking regulators' shift away from procedural concerns to focus more on core financial risks boosted M&A in several key ways, including shorter review timelines and increased interest in de novo charters, say attorneys at Arnold & Porter.

  • 3 Securities Litigation Trends To Watch In 2026

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    Pending federal appellate cases suggest that 2026 will be a significant year for securities litigation, with long-standing debates about class certification, new questions about the risks and value of artificial intelligence features, and private plaintiffs' growing role in cryptocurrency enforcement likely to be major themes, say attorneys at Willkie.

  • Funding Haze And Deregulatory Pursuits: The CFPB In 2026

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    In 2025, the Consumer Financial Protection Bureau did not seek additional funding from the Federal Reserve and unwound the legacy of former bureau leadership, and this year will bring further efforts to rescind or rewrite bureau regulations, as well as a changed tone to supervision efforts, say attorneys at Covington.

  • 4 Developments That Defined The 2025 Ethics Landscape

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    The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.

  • Navigating AI In The Legal Industry

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    As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.

  • Regulatory Rollback And Lingering Limbo: The CFPB In 2025

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    The Consumer Financial Protection Bureau has implemented significant changes since President Donald Trump took office in January, including dismissing actions with prejudice, withdrawing guidance and rescinding rules, casting the bureau in uncertain light heading into 2026, say attorneys at Mayer Brown.

  • 2025 Calif. Banking Oversight Centered On Consumer Issues

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    The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.

  • The Major Securities Litigation Rulings And Trends Of 2025

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    The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.

  • The CFTC's Road Ahead Under Newly Confirmed Chair

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    Michael Selig's Dec. 18 confirmation as U.S. Commodity Futures Trading Commission chair comes at a critical juncture, as the agency is poised to gain oversight over the crypto industry and increase its jurisdictional mandate covering prediction markets, says Elizabeth Lan Davis at Davis Wright.

  • How Fractional GCs Can Manage Risks Of Engagement

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    As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.

  • SEC Rulemaking Radar: A Reset, A Shift And A Preview Of '26

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    With major proposals withdrawn and new priorities emerging, forthcoming U.S. Securities and Exchange Commission proposals in 2026 will look to reshape how digital assets are regulated, recalibrate market structure and simplify how small companies go public, says Christopher Grobbel at Goodwin.

  • Changes In Crypto, Cybersecurity Defined NY Banking In 2025

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    The major takeaways from 2025 in New York banking policy involve updated guidance, regulations and requirements primarily affecting innovation and digital banking, in areas such as cybersecurity, virtual currencies, and buy now, pay later programs, say attorneys at Steptoe.

  • Series

    Nature Photography Makes Me A Better Lawyer

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    Nature photography reminds me to focus on what is in front of me and to slow down to achieve success, and, in embracing the value of viewing situations through different lenses, offers skills transferable to the practice of law, says Brian Willett at Saul Ewing.

  • 2025 Brought A New Paradigm For Federal Banking Regulation

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    A series of thematic shifts defined banking regulation in 2025, including a fundamental reform of prudential supervision, a strategic easing of capital constraints, steps to streamline merger reviews, and a new framework for fair access and entrants seeking to offer banking services, say attorneys at Simpson Thacher.

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