Worldwide: Corporate/Commercial Law

The SEC has proposed rescinding Rule 206(4)-5 under the Investment Advisers Act, which currently prohibits certain political contributions and restricts the use of placement agents for soliciting government investors. The proposal addresses concerns about the rule's strict-liability standard, overbroad definitions, and disproportionate penalties for inadvertent violations, while raising questions about whether existing safeguards and state laws provide sufficient protection against pay-to-play practices.

The SEC has proposed comprehensive updates to transfer agent regulations, marking the first major overhaul since the 1970s-80s. These modernized rules address electronic recordkeeping, blockchain technology, enhanced risk management, and new compliance requirements that will significantly impact how issuers work with their transfer agents.

A periodic digest of the headlines, statutory and regulatory changes and court cases involving campaign finance, lobbying compliance, election law and government ethics issues at the federal, state and local level.

Organizations are increasingly turning to AI tools to streamline the preparation of corporate meeting minutes, but this technological shift brings both promising efficiencies and significant legal risks. From privilege concerns to data security vulnerabilities, the gap between AI-generated transcripts and carefully curated official records raises critical questions about governance, liability, and best practices.

The Delaware Court of Chancery issued the first opinion analyzing the DGCL Section 144 safe harbors in the context of a challenged merger transaction involving a conflicted director/officer, holding the safe harbors were unavailable at the pleading stage but dismissing most defendants under common law protections.

When a hurricane warning is issued and your HOA faces immediate damage requiring emergency repairs, can your board legally authorize unbudgeted expenditures without a full meeting? This analysis examines the legal framework governing emergency authority for North Carolina community association boards, exploring how boards can act decisively during crises while maintaining proper documentation and fiduciary compliance.

Former federal prosecutor Guy Singer joins host Eva Davis to discuss his transition to Winston Taylor, where he leads complex white-collar defense and internal investigations. The conversation explores how judgment, collaboration, and team-first leadership shape high-stakes legal work and client relationships in an era where technical excellence alone isn't enough.

New York State has enacted sweeping changes to employee personnel record requirements, mandating that employers provide free access to personnel files, notify employees of negative information within 10 days, and retain records for three years post-employment. These new obligations fundamentally reshape how New York employers must manage and maintain employee documentation.

The FDA, in collaboration with federal partners, held a landmark public hearing on September 14, 2026, to gather input on the future therapeutic use of psychedelic drugs, drawing over 18,000 registered attendees. This hearing represents one of the earliest implementations of Executive Order 14401, which directs federal agencies to expedite research, review, and approval of psychedelic drugs for serious mental health conditions.

The SEC has proposed sweeping updates to transfer agent rules for the first time since the 1980s, addressing modern technologies like blockchain recordkeeping and uncertificated securities. Meanwhile, four major rulemaking projects affecting public companies have moved to OIRA review, and new guidance clarifies when shareholder engagement preserves Schedule 13G eligibility.

The SEC has submitted three major rulemaking projects to OIRA for review that will significantly impact public companies and capital raising activities. These proposals address shareholder proposal regulations, proxy solicitation processes, and retail investor access to private markets. Once OIRA completes its review, the Commission will vote on these rulemakings before publishing the proposals.

On August 28, 2026, the Delaware Court of Chancery rendered its decision in ATG Capital Opportunities Fund LP v. Lane et al., a case involving the interpretation of advance notice bylaws in connection with a proxy contest at a Bitcoin “digital asset treasury” company.