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  • Article

    Energy Policy In The Trump Administration Webinar Series–Session 4: Nuclear Energy

    The election of President Donald Trump and Republican-held majorities in the House and Senate have far reaching effects on every aspect of the energy industry.
    United StatesEnergy and Natural Resources
    K&L Gates
    K&L Gates
  • Article

    Tilting For Windmills: Illinois Court Reverses Village Ban On Wind Farm Construction

    On 1 August 2025, the Illinois Appellate Court for the Third Circuit struck down a local ordinance purporting to ban construction of a wind farm as outside the village's statutory authority and contrary to Illinois public policy.
    United StatesEnergy and Natural Resources
    K&L Gates
    K&L Gates
  • Article

    EPA Provides Update On PFAS Drinking Water Standards

    On 14 May 2025, Environmental Protection Agency (EPA) Administrator Lee Zeldin announced the agency's plan to address the National Primary Drinking Water Regulations (NPDWR) for per- and polyfluoroalkyl substances (PFAS) finalized last spring, as discussed in our prior alert (22 April 2024).
    United StatesEnvironment
    K&L Gates
    K&L Gates
  • Article

    ETFs, 351, And Other Good Stuff: A Ruling And A Notice

    It does this by telling us what does not work: contributions that are part of a plan designed to enable the investors to exchange the investors’ appreciated portfolios for shares of an ETF with a materially different investment thesis, which indicates that the ETF is merely being used a conduit through which securities are transferred from the investors to the ETF’s Authorized Participant pursuant to the plan.
    United StatesFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    The SEC's New Rules For Private Fund Advisers: A Dose Of Transparency For The Private Markets

    On August 23, 2023, the SEC adopted sweeping new rules that will impose substantial regulation on the management and operation of private funds by investment advisers.
    United StatesFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    United States: Supreme Court Scissors Up Saba’s Rescission Argument Under Section 47(b) Of The 1940 Act

    The Supreme Court agreed to hear FS Credit Opportunities Corp., et al. v. Saba Capital Master fund, et al. to resolve whether Section 47(b) of the Investment Company Act of 1940 (Act) allows private parties...
    United StatesFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    Long-Awaited Changes To Research Misconduct Rules Have Arrived

    On 12 September 2024, the Office of Research Integrity (ORI) within the US Department of Health and Human Services (HHS) issued a final rule (Final Rule) that significantly modified the standards...
    United StatesFood, Drugs, Healthcare, Life Sciences
    K&L Gates
    K&L Gates
  • Article

    An SEC First: NFTs Are Sold As Securities

    On 28 August 2023, in its first enforcement action for securities registration violations brought against an issuer of NFTs, the SEC settled with media and entertainment company, Impact Theory, LLC (Impact).
    United StatesTechnology
    K&L Gates
    K&L Gates
  • Article

    Questions To AI Models May Be Discoverable

    On 17 February 2026 in U.S. v. Heppner, 1:25-cr-503 (S.D.N.Y., Feb. 17, 2026), Judge Rakoff held that a defendant's written exchanges with a public generative...
    United StatesTechnology
    K&L Gates
    K&L Gates
  • Article

    SEC Says Crypto ETPs Are Exam Priority

    On 21 October 2024, the SEC's Division of Examinations (Division) published its 2025 Examination Priorities (Priorities) to provide insight into what the Division plans to focus on in the 2025 fiscal year.
    United StatesTechnology
    K&L Gates
    K&L Gates
  • Article

    Spot Bitcoin ETFs – Coming To An Exchange Near You (Maybe)!

    On 29 August 2023, the United States Court of Appeals for the District of Columbia Circuit (Court) issued a decision siding with Grayscale Investments, LLC (Grayscale)...
    United StatesTechnology
    K&L Gates
    K&L Gates
  • Article

    Australia's New Mandatory And Suspensory Merger Regime: A Snapshot

    From 1 January 2026, parties to acquirers of shares or assets in Australia (or affecting Australia) must notify the Australian Competition and Consumer Commission (ACCC) if the acquisition satisfies...
    AustraliaAntitrust/Competition Law
    K&L Gates
    K&L Gates
  • Article

    ASIC Issues New Legislative Instrument For Exchange Traded Funds

    On 15 March 2024 the Australian Securities and Investments Commission (ASIC) issued a new legislative instrument extending existing regulatory relief ....
    AustraliaCorporate/Commercial Law
    K&L Gates
    K&L Gates
  • Article

    ASIC Enforcement For Sustainability Reporting Will Be Different To Greenwashing

    When assessing how to comply with the new reporting obligations, reporting entities should recognise the differences in the enforcement approach that ASIC will take in relation to mandatory climate reporting...
    AustraliaFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    Australian Treasury Proposes New Consumer Data Right Rules For Non-Bank Lenders

    The Australian Treasury released an Exposure Draft on 26 November 2024 (Amending Rules) proposing amendments to the Competition and Consumer...
    AustraliaFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    Full Federal Court Finds In Favour Of ASIC Appeal Concerning The Scope Of The "Authorised Representative" Exemption

    The Full Federal Court (the Court) has ruled in favour of the Australian Securities and Investments Commissions' appeal as to whether BPS Financial Pty Ltd could rely on the ‘authorised representative' exemption in relation to issuing their ‘Qoin Wallet' product.
    AustraliaFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    How Financial Services Entities Can Better Respond To The Needs Of First Nations Consumers

    The Australian Securities and Investments Commission (ASIC) has published information highlighting the challenges First Nations persons face in respect of identity verification...
    AustraliaFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    Inquiry Into The Wholesale Investor And Wholesale Client Tests

    The Parliamentary Joint Committee on Corporations and Financial Services (Committee) has commenced an inquiry into the wholesale investor test for offers of securities...
    AustraliaFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    Keep Spinning: Aristocrat Finally Hits The Patent Jackpot

    The Full Federal Court recently issued a game changing decision in Aristocrat v Commissioner of Patents [2025] FCAFC 131, which has major implications for the patentability of computer-implemented inventions.
    AustraliaIntellectual Property
    K&L Gates
    K&L Gates
  • Article

    Consultation Opens For Proposed Review Of Managed Investment Schemes

    The Australian Government has released the long awaited consultation paper on the review of the regulatory framework for managed investment schemes.
    AustraliaInternational Law
    K&L Gates
    K&L Gates

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