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TOP NEWS
POLICY & REGULATION
Cantwell Wants Fired FTC Dems At Senate Oversight Hearing
By Allison Grande
The top Democrat on the U.S. Senate Commerce Committee is pushing for the two commissioners who were fired from the Federal Trade Commission last year to be invited to an upcoming hearing, arguing that their presence is "necessary" to conduct proper oversight of how the Trump administration's influence has impacted the agency's work to protect consumers.
Letter attached |
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ENFORCEMENT
LITIGATION
Binance Can't Push Investor Suit Into Arbitration
By Katryna Perera
Binance and its former CEO Changpeng Zhao cannot force into arbitration a proposed class action alleging that the crypto trading platform knowingly violated U.S. regulatory requirements by failing to implement an effective anti-money laundering program and offering and selling unregistered securities, a Florida federal judge ruled Thursday.
Order attached |
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EXPERT ANALYSIS
LEGAL INDUSTRY
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Sue Reisinger
Other states might follow the lead of California and break with President Donald Trump's policies in implementing guardrails for state agencies to contract with AI companies. And after three individual indictments last month for selling banned tech to China, Supermicro has hired Munger Tolles & Olson LLP to conduct an independent investigation, assigned its general counsel to lead an internal compliance review, and shaken up its compliance leadership.
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