SEC General Counsel defends climate risk disclosure rule

Republican lawmakers accused the SEC’s top attorney of stonewalling requests for information on the agency’s regulation and enforcement.

By Jim Tyson • June 22, 2023

‘Tsunami’ of state AI regulation coming

There are more than 160 bills and regulations on AI being considered across the country, a management-side lawyer said.

By Ginger Christ • June 16, 2023

Despite recent losses, DOJ doubles down on antitrust enforcement

Other federal agencies have made moves to limit corporate collusion in recent months.

By Emilie Shumway • June 12, 2023

DOJ has improved collusion detection, deputy AG says

Executives can increase the likelihood that their company will receive leniency if they come forward rather than wait for prosecutors to charge them under antitrust laws. 

By Robert Freedman • June 8, 2023

Time pressure mounts as mandatory clawbacks near

There will be a lot to do between now and August if changes to Nasdaq and NYSE listing standards on Dodd-Frank clawbacks are approved by the SEC next week.

By Robert Freedman • June 7, 2023

SEC sues Coinbase as federal crackdown on crypto continues

Coinbase is accused of operating an unregistered national securities exchange, broker and clearing agency. The SEC also took aim at its staking-as-a-service program.

By Gabrielle Saulsbery • June 6, 2023

Don’t let your payment platforms attract regulatory scrutiny

Here are ideas to help companies that allow customers to make payments via P2P, BNPL and other mechanisms avoid regulatory headaches.

By Siran Faulders and Keturah Taylor • June 6, 2023

Why compliance chiefs should report to CEOs, not GCs

A former Cushman & Wakefield compliance leader says she was more effective and respected when reporting to the company’s chief executive.

By Lyle Moran • June 5, 2023

CCOs see pay rise 10%, with some making upwards of $500,000

The compensation increases for public and private company chief compliance officers were a stark contrast to their in-house counsel counterparts.

By Robert Freedman • June 1, 2023

Lessen the chance WhatsApp brings you down with a readiness assessment

Regulators don’t expect every company’s communication retention policy to look the same, but they want you to have a rationale for the approach you take.

By Robert Freedman • May 25, 2023

SEC enforcement not ‘a game of gotcha,’ Grewal says

The SEC will press on with aggressive enforcement while seeking to collaborate with companies under scrutiny, the agency’s enforcement director said. 

By Jim Tyson • May 24, 2023

Generative AI is creating advisory work for legal teams

Some in-house departments have created AI working groups and others are helping educate customers about the emerging tech, the legal chiefs at Instacart and GitHub said.

By Lyle Moran • May 23, 2023

Meta CLO: $1.3B EU data-transfer fine bodes ill for other U.S. companies

The problem the company faces is something that could become widespread if the U.S. and EU can’t come to a privacy agreement.

By Robert Freedman • May 23, 2023

Third party risk management is a key priority for compliance leaders

Many compliance and legal decision-makers also hope to update their technology, particularly in the realm of reporting and dashboarding.

By Lyle Moran • May 17, 2023

Feds probe Goldman’s dealings with SVB in lead-up to collapse

The investment bank was both a buyer of SVB’s bond portfolio and adviser of its failed capital raise in the days ahead of the regional lender’s collapse in March.

By Anna Hrushka • May 4, 2023

Don’t ignore state antitrust risks, competition specialists say

States tend to be more transparent in their efforts, which can give in-house counsel opportunities to get their company’s story out.

By Robert Freedman • May 3, 2023

Microsoft’s UK-first Activision strategy backfires

To the extent the company was hoping to get its acquisition of Activision Blizzard approved overseas to bolster its case before the FTC, it failed after the UK rejected the deal.

By Robert Freedman • April 26, 2023

SVB, Signature CEOs unlikely to face clawbacks any time soon

Regulators’ authority to recapture executive pay is limited and bills to enhance that authority face hurdles. 

By Robert Freedman • April 25, 2023

FTC talks tough in false-ad notice but faces hard enforcement road

Although the agency has put hundreds of companies on notice about marketing claims, its ability to penalize violators will be tested by resource constraints.

By Robert Freedman • April 24, 2023

Leveraging outside counsel to manage multiple priorities

Legal leaders can’t put compliance or other matters on hold to focus on deal making or litigation, so a mix of in-house and outside expertise is considered crucial. 

By Robert Freedman • April 18, 2023

Using a disciplinary matrix to tie compensation to compliance

A good way to earn DOJ cooperation credit is to be clear on paper what violations will result in a pay reduction or clawback, a Morgan Lewis partner says. 

By Robert Freedman • April 6, 2023

Wolters Kluwer releases bank failures toolkit for corporate counsel

The company’s offering includes risk exposure and communications checklists, as well as a litigation and investigations tracker.

By Lyle Moran • April 5, 2023

Organizations struggle to keep corporate entities in good standing

A lack of bandwidth and inconsistent processes present legal entity compliance challenges, according to an ACC and Deloitte Tax report.

By Lyle Moran • April 3, 2023

EU rule could snag acquisitions, project bids

A European Commission competition rule taking effect this summer will likely be burdensome to comply with, but upcoming guidance could prove helpful.

By Robert Freedman • March 30, 2023

Compliance is a growing priority for legal departments worldwide

Risk mitigation and cost control are other key strategic initiatives for in-house legal teams, a recent report found.

By Lyle Moran • March 27, 2023