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March 2024

Skadden Discusses SEC Focus Amid Lack of Final AI Rules

By Daniel Michael, David A. Simon and Merin P. Cherian March 1, 2024 by renholding

Last year, the U.S. Securities and Exchange Commission (SEC) proposed ambitious rules relating to artificial intelligence (AI) that have drawn significant commentary and criticism. While it is unlikely that any changes in the law are imminent, other initiatives by the …

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Each business day, our team sifts through blog posts, news stories, and other sources to keep up-to-date on relevant recent developments. The following links will take you to our recommended selections. To see the sources we follow click Filter Sources.

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Reuters
Nippon Pursues U.S. Steel Deal
March 31, 2024
Cleary M&A Watch
Post-Closing Purchase Price Adjustment Doubles Buyer’s Cost
March 31, 2024
New York Times
Small Disney Investors Loom Large
March 31, 2024
Wall Street Journal
What SBF’s Prison Term May Be Like
March 31, 2024
Bloomberg
Are SBF’s Associates in Prison?
March 31, 2024
D&O Diary
Watchdog Wins First Greenwashing Case
March 28, 2024
Reuters
Coinbase Judge Endorses SEC Crypto Regulation-by-Enforcement Strategy
March 28, 2024
Bloomberg
US, UK Probe $20 Billion of Crypto Transfers to Russian Exchange
March 28, 2024
PubCo @ Cooley
The Latest on SEC Climate Rule Suits
March 28, 2024
Jim Hamilton's World
SEC Updates Registration Rules for Internet-Based Investment Advisers
March 28, 2024
Dealbook
The Impact of Credit-Card Shakeout
March 27, 2024
Wall Street Journal
KuCoin and Founders Face Criminal Money Laundering Charges
March 27, 2024
PubCo @ Cooley
Can Director Commitment Policies Help Prevent Overextended Boards?
March 27, 2024
Jim Hamilton's World
SEC Urges Scotus to Deny Musk Cert
March 27, 2024
Deal Lawyers.com
Delaware Chancery Overruled on Materiality of Undisclosed Adviser Conflicts
March 27, 2024
Dealbook
BlackRock’s Fink Rethinks Retirement
March 26, 2024
Reuters
SEC Seeks $2 Billion from Ripple Labs
March 26, 2024
Brooklyn Law School
SEC Ex-Commissioner Karmel Dies
March 26, 2024
Securities and Exchange Commission
Bechtolsheim Accused of Insider Trades
March 26, 2024
Delaware Chancery Erred in Applying MFW Framework to Cleanse Merger
March 26, 2024
Reuters
X Loses Suit v. Hate-Speech Group
March 25, 2024
New York Times
Boeing CEO’s Tenure at a Glance
March 25, 2024
D&O Diary
Companies Adopting Officer Exculpation Amendments to Charters
March 25, 2024
Yahoo Finance
Feds Seize Jet of FTX, SBF
March 25, 2024
PubCo @ Cooley
Can Companies Escape Politics?
March 25, 2024
Reuters
China Blocks Use of Intel, AMD Chips
March 24, 2024
Bloomberg
SEC View on Insider Trading Tested
March 24, 2024
Securities Regulation and Corporate Governance Monitor
Court Lifts SEC Climate Rule Stay
March 24, 2024
Jim Hamilton's World
Lawmakers Slam SEC Overreach
March 24, 2024
Business Law Prof Blog
Pump & Dump Not Wire Fraud?
March 24, 2024
Reuters
Airbus Beats Boeing on Jet Orders
March 21, 2024
New York Times
DOJ Antitrust Suit Hits Apple
March 21, 2024
D&O Diary
Suits Swamp OpenAI, Microsoft
March 21, 2024
Bloomberg
SEC Probes Ethereum Foundation
March 21, 2024
PubCo @ Cooley
SEC Charges Skechers With Failure to Disclose Family-Member Transactions
March 21, 2024
SDNY Blog
AI Infringement Suits Mounting
March 20, 2024
New York Times
UFC Settles Antitrust Lawsuit With Fighters for $335 Million
March 20, 2024
D&O Diary
SEC Dings Advisers for AI Washing
March 20, 2024
Bloomberg
SBF Says 50 Years for “Super Villains”
March 20, 2024
Securities and Exchange Commission
Genesis Settles Charges for $21 Mln
March 20, 2024
Reuters
Macy’s Opens Books in Sale Talks
March 19, 2024
New York Times
Troubles Mar Tesla’s Invincible Image
March 19, 2024
Bloomberg
Evergrande Accused of Faking Revenue
March 19, 2024
Securities and Exchange Commission
SEC Tries to Justify Budget Request
March 19, 2024
PubCo @ Cooley
Where Will the Fate of the SEC’s Final Climate Rules Be Determined?
March 19, 2024
Reuters
Nvidia Unveils Flagship AI Chip
March 18, 2024
New York Times
Prosecutors: 40-50 Years for SBF
March 18, 2024
Securities and Exchange Commission
Advisers Charged Over AI Claims
March 18, 2024
Bloomberg
Memecoins Surging Past Bitcoin
March 18, 2024
Business Law Prof Blog
Chancellor McCormick Is Annoyed
March 18, 2024
Reuters
SpaceX Building Spy Satellite Network
March 17, 2024
PubCo @ Cooley
Fifth Circuit Grants Administrative Stay of SEC Climate Disclosure Rules
March 17, 2024
Jim Hamilton's World
Can Seized Assets Be Offset Against Disgorgement?
March 17, 2024
California Corporate & Securities Law
What Exactly Must a Board Approve When Approving a Merger?
March 17, 2024
Business Law Prof Blog
SEC Should Allow FINRA to Regulate Non-Attorney Arbitration Representation
March 17, 2024
Reuters
United Airlines Seeks Boeing Alternative
March 14, 2024
Yahoo Finance
Sierra Club Sues SEC on Climate Rule
March 14, 2024
Bloomberg
Hedge Funds, PE Firms Seek to Blunt SEC WhatsApp Probe
March 14, 2024
California Corporate & Securities Law
Reasons to Exit Delaware Growing
March 14, 2024
Jim Hamilton's World
Investor Group Opines on SEC Plans
March 14, 2024
New York Times
House Passes Bill Forcing TikTok Sale
March 13, 2024
Reuters
Bankrupt Terraform Can Hire Lawyers
March 13, 2024
Wall Street Journal
SEC Climate-Rules Costs Persist
March 13, 2024
Jim Hamilton's World
Coinbase Pushes for Crypto Rules
March 13, 2024
LegalDive
HSR Second Requests Kills Many Deals
March 13, 2024
Reuters
Boeing Whistleblower Found Dead
March 12, 2024
Bloomberg
Big Oil Challenges SEC Climate Rules
March 12, 2024
Fortune
Many Ignore This Accounting Crisis
March 12, 2024
Wall Street Journal
Crypto Gets Blame for Currency Crisis
March 12, 2024
Jim Hamilton's World
Investor Committee Advises SEC to Shrink Predictive Analytics Proposal
March 12, 2024
Cleary M&A Watch
Delaware Chancery Nixes Common Stockholder-Agreement Provisions
March 11, 2024
New York Times
Could Trump Save TikTok?
March 11, 2024
Bloomberg
DEI Is New Risk Factor in SEC Filings
March 11, 2024
Wall Street Journal
DOJ Seeks Whistleblower Expansion
March 11, 2024
Jim Hamilton's World
Nvidia Seeks Scotus Scienter Review
March 11, 2024
Reuters
Apple Retreats in Epic, Fortnite Feud
March 10, 2024
D&O Diary
SEC Climate Rules: What’s Next?
March 10, 2024
Wall Street Journal
DOJ Focuses on Punishing Recidivists
March 10, 2024
Professor Bainbridge
Musk-Pay Lawyers Seek Record Fee
March 10, 2024
Business Law Prof Blog
Activision and Delaware
March 10, 2024
Financial Times
SEC Braces for Climate Rule Lawsuits
March 7, 2024
Securities and Exchange Commission
Skechers Accused of Making Undisclosed Payments to Exec Families
March 7, 2024
Jim Hamilton's World
SEC Expands Scope of Rule 605
March 7, 2024
Securities Regulation and Corporate Governance Monitor
Beware Converting from 13G to 13D
March 7, 2024
Corporate & Securities Law Blog
Update on Corporate Transparency Act
March 7, 2024
Reuters
Cut in Basel Capital Burden Expected
March 6, 2024
New York Times
Unions End Starbucks Board Fight
March 6, 2024
Bloomberg
Lyft Earnings Gaffe Draws Lawsuit
March 6, 2024
Wall Street Journal
Ericsson Taps New Compliance Chief
March 6, 2024
Securities and Exchange Commission
Commissioners: ShapeShift Enforcement Illustrates Flawed Crypto Policy
March 6, 2024
Reuters
UnitedHealth Pays Data Theft Ransom
March 5, 2024
Bloomberg
Bankruptcy Frauds Expose Loopholes
March 5, 2024
PubCo @ Cooley
The Latest on SEC Climate Rules
March 5, 2024
Jim Hamilton's World
Investors Seek Rules on Share Tracing
March 5, 2024
Corporate & Securities Law Blog
Delaware Chancery Delivers Warning on M&A Agreement Voting Formalities
March 5, 2024
New York Times
JetBlue and Spirit Call Off Merger
March 4, 2024
Bloomberg
Lawyers Who Killed Elon Musk’s Pay Package Seek Tesla Stock
March 4, 2024
ALM Treasury & Risk
CPA Shortage Creating Headaches
March 4, 2024
PubCo @ Cooley
SEC Says EV Makers Misled Investors
March 4, 2024
Business Law Prof Blog
U.S. Court in Alabama Holds Corporate Transparency Act Unconstitutional
March 4, 2024
D&O Diary
NY AG Sues Over Zero Emissions Claim
March 3, 2024
FCPA Professor
Update on Voluntary FCPA Disclosure
March 3, 2024
Bloomberg
Hedge Funds Set for Big Win on FTX
March 3, 2024
Jim Hamilton's World
SEC Commissioners Offer Guidance on Accredited Investors, IPOs
March 3, 2024
Deal Lawyers.com
Delaware Chancery Puts Surprising Spin on Board Approval of Mergers
March 3, 2024

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