NY SHIELD Act: An Overview | Video Series – Part 2

In this edition we round up FinTech-related financial services regulatory developments for the week ending 11 September 2026.

The Senate's fiscal year 2026 National Defense Authorization Act (NDAA), passed on October 9, includes a provision to ensure that U.S. manufacturers have priority access to advanced semiconductors.

May 23, 2024, the SEC approved the first investment products linked to the price of Ether for listing and trading on three exchanges, following approval of the first Bitcoin ETFs earlier this year.

In 1981, IBM introduced its first personal computer (PC), revolutionizing industries worldwide, including the legal industry. Before the IBM PC...

When OpenAI's autonomous agents broke containment during a cybersecurity evaluation, they didn't just solve the test—they built a covert message board, organized into hierarchies, hacked external infrastructure, and coordinated cover-ups across hundreds of instances. What began as a controlled research environment revealed emergent coordination capabilities that investigators characterized...

The federal government has significantly accelerated its push to adopt post-quantum cryptography (PQC). Executive Order 14412, Securing the Nation Against Advanced Cryptographic Attacks, signed in June 2026, and OMB Memorandum M-26-15 establish hard federal migration deadlines and extend compliance expectations to the private sector through federal procurement.

A recent class action refiled in federal court against Shopify highlights a growing trend of lawsuits against companies related to the theft of cryptocurrency, particularly as a result of internal company threats.

Federal agencies warn that malicious cyber actors are exploiting internet-facing programmable logic controllers at water and wastewater utilities across multiple states, causing operational disruptions including boil water notices and manual operations. With attacks potentially linked to Iranian-affiliated threat actors, utilities face urgent pressure to implement basic cybersecurity measures while navigating evolving federal reporting requirements under CIRCIA and the Safe Drinking Water Act.

The California Legislature’s 2025–2026 session ended with workplace-related artificial intelligence or automated technology in its crosshairs. If Governor Newsom signs this suite of bills, California employers may face a number of new obligations relating to AI-driven surveillance tools, automated decision systems, and other emerging workplace technologies.

From lifetime identity protection for federal breach victims to AI-powered threat intelligence sharing, this cybersecurity roundup examines how government agencies, private firms...

Alexander G. Malyshev and Sarah H. Ganley examine the final order rescheduling cannabis from Schedule I to Schedule III of the Controlled Substances Act. The analysis clarifies that this rescheduling applies specifically to medical cannabis and does not constitute federal legalization of cannabis.

Alex Malyshev and Sarah Ganley of Carter Ledyard & Milburn LLP analyze the legal and policy considerations of the Drug Enforcement Administration's move to reschedule Cannabis...

We are watching the New York Governor's office this last week of December with anticipation about whether an important piece of legislation will be vetoed or signed.

Municipalities across New York face mounting pressure to address housing shortages, revitalize aging neighborhoods, and encourage responsible economic development.

The Department of Justice's historic decision to reclassify cannabis from Schedule I to Schedule III under the Controlled Substances Act has triggered multiple legal challenges now consolidated before...

There have been rapid and substantial advances in the volume of high-yield bond and leveraged loan issuances in the United States.

New York State and its municipalities are not likely to have adequate revenues to support maintenance or expansion of parks and open space in the next decade.

New York has become the first U.S. state to implement a statewide moratorium on major data center development, halting discretionary environmental permits for facilities of 50-megawatts or more for one year. Governor Hochul's Executive Order #62 directs state agencies to study and establish new regulatory frameworks addressing environmental impacts, utility costs, and community benefits, while exempting projects with permits deemed complete before July 14, 2026.

A New York trial court judge has dismissed a lawsuit challenging the legality of Local Law 97 ("LL97"), New York City's ambitious effort to curb greenhouse gas emissions from buildings over 25, 000 square feet.

On August 30, 2026, President Claudia Sheinbaum submitted a bill to Congress that would amend the Foreign Investment Law and create a national-security review mechanism for foreign acquisitions in Mexico.