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  • Article

    New Legislation And Congressional Hearing Target NLRB’s Union-Friendly Changes

    On October 12, the House Committee on Education and the Workforce conducted a hearing regarding new legislation—the Workforce Democracy and Fairness Act (H.R. 3094)—which would prevent the National Labor Relations Board (NLRB or Board) from implementing changes that would help unions have greater success organizing employees.
    United StatesEmployment and HR
    Morgan Lewis
    Morgan Lewis
  • Article

    Financial Reform Act Creates Whistleblower Provisions Likely to Increase FCPA Enforcement

    On July 21, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Financial Reform Act), which includes new whistleblower protections that could potentially increase reporting of alleged Foreign Corrupt Practices Act (FCPA) violations.
    United StatesFinance and Banking
    Morgan Lewis
    Morgan Lewis
  • Article

    Transparency Update: U.S. Sunshine Collection Obligations Take Effect

    Many organizations continue to face challenges with the technology and integration of some of the more complex interpretations.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Morgan Lewis
    Morgan Lewis
  • Article

    Two New Sets Of DOL Fiduciary Rule FAQs

    DOL releases additional guidance on fiduciary rule in the waning days of the Obama administration.
    United StatesFinance and Banking
    Morgan Lewis
    Morgan Lewis
  • Article

    Audit Committee Member Charged With Fraud For Disregarding Red Flags

    A recent SEC action is a warning to audit committees to take action in response to recommendations relating to evidence of potential accounting fraud.
    United StatesAccounting and Audit
    Morgan Lewis
    Morgan Lewis
  • Article

    FASB To Eliminate Special Accounting Rules For Development Stage Entities

    The FASB decided in February to draft a final Accounting Standards Update that will eliminate the special accounting treatment for development stage entities.
    United StatesAccounting and Audit
    Morgan Lewis
    Morgan Lewis
  • Article

    Proposed FASB Framework Could Result In Additional Future Disclosures On Loss Contingencies

    A question included in a recently issued FASB exposure draft could result in the FASB considering additional disclosures about potential and existing litigation ..
    United StatesAccounting and Audit
    Morgan Lewis
    Morgan Lewis
  • Article

    Regulators Focus On Internal Control Over Financial Reporting

    In light of a number of recent developments, public companies should make sure their internal control over financial reporting (ICFR) complies with section 13(b)(2)(B) of the Securities Exchange Act of 1934. Both the SEC and the PCAOB have placed increased focus on ICFR since early 2013, and, in May 2013, the updated framework for the evaluation of internal control was issued by the Committee of Sponsoring Organizations (COSO) of the Treadway Commission.
    United StatesCorporate/Commercial Law
    Morgan Lewis
    Morgan Lewis
  • Article

    Texas Court Enjoins Most Of DOL's New Overtime Regulations

    On November 22, a judge from the US District Court for the Eastern District of Texas issued an order enjoining, on a national basis, all but a few parts of the DOL's new overtime regulations...
    United StatesEmployment and HR
    Morgan Lewis
    Morgan Lewis
  • Article

    House Votes To Lift US Crude Oil Exports Ban

    The latest effort to repeal the export ban faces an uncertain future as it heads to the Senate. On October 9, the US House of Representatives voted 261-159 to lift the decades-old ban on US crude oil exports.
    United StatesEnergy and Natural Resources
    Morgan Lewis
    Morgan Lewis
  • Article

    SPP Moves Closer Toward Order No. 841 Compliance

    A new market registration option is among the changes SPP is likely to propose in next month's mandatory compliance filing.
    United StatesEnergy and Natural Resources
    Morgan Lewis
    Morgan Lewis
  • Article

    FDA Finalizes Guidance On Gene Therapy Orphan Sameness, But Questions Remain

    While it may feel like FDA's attention has been focused on COVID-19 for nearly two years, as we have written about in a previous blog post, FDA is looking to the future,
    United StatesFood, Drugs, Healthcare, Life Sciences
    Morgan Lewis
    Morgan Lewis
  • Article

    GSA Makes Participation In Transactional Data Reporting Pilot Voluntary

    Contractors should consider weighing benefits and burdens in making the election.
    United StatesGovernment, Public Sector
    Morgan Lewis
    Morgan Lewis
  • Article

    US State Department Clarifies Implementation Of Travel Ban Exemptions

    The diplomatic cable instructs consulates on how to interpret the US Supreme Court's direction to enforce the restriction only against foreign nationals who lack a "bona fide relationship with...
    United StatesImmigration
    Morgan Lewis
    Morgan Lewis
  • Article

    US Supreme Court Imposes Limitations On Disgorgement

    Earlier this month, the US Supreme Court issued a ruling that imposed a five-year statute of limitations period in which disgorgement could be ordered by an administrative agency penalizing...
    United StatesLitigation, Mediation & Arbitration
    Morgan Lewis
    Morgan Lewis
  • Article

    Update: US Tax Reform Impacts Roth IRA Conversions

    The Internal Revenue Service confirms in writing that recharacterizing 2017 Roth IRA conversions will be permitted until October 15, 2018.
    United StatesTax
    Morgan Lewis
    Morgan Lewis
  • Article

    US Imposes New Sanctions On Russia For Cyber-Attacks

    Five entities and six individuals were sanctioned for interference with the 2016 US election.
    GlobalInternational Law
    Morgan Lewis
    Morgan Lewis
  • Article

    DOL Sends Proposed Conflict Of Interest Rule To OMB For Review

    The U.S. Department of Labor (DOL) has sent its proposed "Conflict of Interest Rule-Investment Advice" to the president’s Office of Management and Budget (OMB) for review.
    United StatesEmployment and HR
    Morgan Lewis
    Morgan Lewis
  • Article

    Federal Court Issues Nationwide Injunction Against DOL Persuader Rules

    Additional litigation and appeals are likely, but for now, the DOL's persuader rules will not take effect on July 1.
    United StatesEmployment and HR
    Morgan Lewis
    Morgan Lewis
  • Article

    FERC Seeks Comments On Market Design Issues Affecting Nuclear Power Plants

    The agency requests comments on policies regarding state support for zero-carbon-emitting power plants.
    United StatesEnergy and Natural Resources
    Morgan Lewis
    Morgan Lewis

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