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November 23, 2022
Following its repudiation of its prior enforcement regime in July 2021, the FTC on Nov. 10 issued a Statement Regarding the Scope of "Unfair Methods of Competition" Under Section 5 of the Federal Trade Commission Act (Statement).
November 21, 2022
On November 10, the Federal Trade Commission (FTC) published a new Policy Statement, superseding all prior FTC statements and guidance addressing Section 5 of the FTC Act.
November 7, 2022
The Federal Energy Regulatory Commission (FERC) and the Department of Justice (DOJ) recently issued orders and statements demonstrating concerns related to director positions and...
November 4, 2022
The Federal Energy Regulatory Commission and the Department of Justice use focus on the composition of boards of directors and the ability of individual directors to assert influence over corporate actions. Companies should ensure their board of directors meets compliance.
September 30, 2022
The CFTC's theory that all persons who vote governance tokens in a DAO are effectively members of the DAO and therefore, personally are jointly and severally liable for all CEA and CFTC regulations' violations by the DAO, has not yet been affirmed by any court.
September 30, 2022
Natural persons and legal entities are potentially jointly and severally liable for all of a decentralized autonomous organization's (DAO) violations of the Commodity Exchange Act (CEA)...
September 23, 2022
On August, 26, 2022, the Federal Trade Commission announced it had approved a series of “omnibus” resolutions permitting FTC staff to more freely use compulsory process (civil...
August 25, 2022
On August 10, 2022, the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint proposal to amend Form PF, a reporting form for...
July 14, 2022
In a report by the Federal Trade Commission (FTC) released on June 16, 2022, the agency is critical of the use of artificial intelligence (AI) to combat online harms. In the report by...
May 3, 2022
The SEC approved a 372-page proposal of numerous rules regarding disclosures and procedural requirements for special purpose acquisition companies SPACs. The proposed rules would revise the requirements for target company financial statements in de-SPAC transactions.