On December 30, 2024, President Joe Biden issued an Executive Order providing that all executive departments and agencies of the U.S. federal government will be closed on Thursday,

On March 15, 2022, SEC Commissioner Allison Herren Lee announced she will not seek a second term once her current term expires in June of this year.

The Securities and Exchange Commission has announced the formation of a new Cross-Border Task Force designed to strengthen enforcement efforts against international fraud targeting U.S. investors.

The SEC's 2026 Regulatory Agenda signals a shift in priorities under Chair Paul Atkins, focusing on investor protection, capital formation, and market efficiency. Several proposed rules could significantly impact public companies, including reforms to disclosure requirements, executive compensation reporting, registered offerings, and the introduction of optional semiannual reporting.

There are several unique securities law issues faced by companies that go public through a SPAC.

The executive order itself directs the Chairman of the SEC, the Chairman of the Federal Trade Commission and the Secretary of Labor to take a number of rulemaking and investigative actions. With respect to the SEC, the agency is ordered, among other things, to:

The Federal Trade Commission's ban on noncompete agreements in employment contracts faces legal challenges that may prevent it from ever taking effect.

The FTC issued a rule in late April that will prohibit non-compete clauses for most workers. Certain types of occupations are more likely than others to be affected, though.

California's Department of Financial Protection and Innovation imposed an $825,000 penalty on Academy Mortgage Corporation following a 2023 ransomware attack, finding that inadequate cybersecurity documentation and governance failures constituted substantive violations.

On July 10, 2024, the California Department of Financial Protection and Innovation (DFPI) issued an order revoking the California Financing Law license of a company...

On May 20, 2024, the Consumer Financial Protection Bureau (CFPB) announced that it had entered into a consent order with a California-based telemarketer that offered student loan...

On November 20, 2023, the Consumer Financial Protection Bureau (CFPB) announced that it entered into a consent order with the auto-financing...

On June 18, 2024, the Consumer Financial Protection Bureau (CFPB or Bureau) announced that it has entered into consent orders with two companies totaling $16.5 million...

On September 12, 2024, the CFPB announced that it entered into a stipulated proposed order with a large student loan servicer resolving allegations that the servicer forced borrowers into costly repayment options.​

As previously reported, on September 8, 2023, the United States District Court of the Eastern District of Texas granted plaintiff U.S. Chamber of Commerce's (the "Chamber") motion for summary judgment...

Colorado's Attorney General has filed a lawsuit against a fintech company offering earned wage access products, claiming the service operates as an unlicensed high-cost lending program. The complaint alleges violations of state consumer credit laws and deceptive practices related to mandatory "tips" that function as finance charges. State regulators are seeking injunctive relief, restitution, and civil penalties.

On March 8, 2024, the Minnesota Attorney General announced that it had filed a lawsuit against four solar companies for allegedly violating Minnesota Prevention of the Consumer Fraud Act ("MCFA")...

On February 14, 2023, the Minnesota Attorney General (AG) announced a se​​​ttlement​ with a California-based student-loan debt relief company to resolve allegations that the company operated...

Last month, the Justice Department (DOJ) and the Consumer Financial Protection Bureau (CFPB) issued a joint statement that reminded financial institutions that all credit applicants are protected from discrimination on the basis of their national origin.

Rapid advancement in life sciences technologies has made keeping up with the legal implications more important than ever. Join the Berkeley Center for Law and Technology...