SEC Division of Corporation Finance Clarifies Form 8-K Disclosures of Material Cybersecurity Incidents

On May 21, 2024, the director of the SEC’s Division of Corporation Finance, Erik Gerding, issued a statement regarding the new requirement to …

SEC Adopts Significant Cybersecurity Amendments to Regulation S-P

On May 16, 2024, the Securities and Exchange Commission (SEC) adopted final amendments to Regulation S-P, one year after issuing the proposed amendments …

SEC and FinCEN Propose Rule Requiring Investment Advisers to Enact Customer Identification Programs

On May 13, 2024, the Securities and Exchange Commission (SEC) and the Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury Department …

Court Dismisses Stockholder Suit Against Meta: Affirms a Firm-Specific Model of Corporate Management

On April 30, 2024, the Delaware Court of Chancery dismissed a stockholder lawsuit against social media giant Meta Platforms, Inc., its board of directors …

NAIC Group Issues Guidance on Corporate Restructurings

Insurers with unwanted runoff blocks of business should consider the latest guidance from insurance regulators on potential transactional structures that …

National Small Business United v. Yellen and its implications for the Corporate Transparency Act

Banking and Finance partner Kenneth Chin, Corporate partner Eitan Tabak and associate Hillel Goldstein authored an article titled “National Small …

States Take Varying Approaches to AI Regulation

Since the rise of ChatGPT in late 2022, state lawmakers have tried various strategies to regulate artificial intelligence (AI), with mixed outcomes. At …

ISDA opens consultation on credit derivatives DC review – key takeaways as broader market considers commentary and action

Upcoming changes to Kramer Levin’s immigration tracker system and results of the FY25 H-1B lottery

Updates to Kramer Levin’s Immigration Tracker System Two-Factor Authentication for Tracker Beginning on Monday, May 20, 2024, Tracker will …

New State and City Efforts To Encourage Housing Development

On April 23, 2024, the New York State Legislature passed a number of significant measures intended to increase housing production, particularly in New …

Supreme Court holds that employees challenging a job transfer under Title VII do not need to prove significant harm

On April 17, 2024, the U.S. Supreme Court unanimously ruled in Muldrow v. City of St. Louis that plaintiffs bringing discrimination claims …

Federal Privacy Bill Aims To Consolidate US Privacy Law Patchwork

On April 7, 2024, Sen. Maria Cantwell, chair of the Senate Commerce Committee, and Rep. Cathy McMorris Rodgers, chair of the House Energy and Commerce …