Yesterday, the U.S. Court of Appeals for the Ninth Circuit issued a one-page order granting an injunction pending appeal sought by a coalition led by the U.S. Chamber of Commerce, temporarily halting ...

The SEC Division of Corporation Finance announced that it will not respond to no-action requests for the exclusion of Rule 14a-8 shareholder proposals, other than no-action requests to exclude a ...

The Thailand MOU outlines an agreement on critical minerals and rare earths that mirrors the Malaysia MOU, with nearly identical provisions related to information sharing, investment prioritization, ...

Royal Bank of Canada (RBC) closed $2.25 billion in SEC-registered offerings of senior medium-term notes. The offerings consisted of $750 million of 3.995% senior fixed-rate/floating rate notes due ...

On October 7, 2025, the FDIC and the OCC jointly issued a proposal to define the term “unsafe or unsound practice” under section 8 of the FDIA (12 U.S.C. § 1818.

FDIC and OCC Issue NPR to Eliminate ‘Reputation Risk’ from Supervisory Programs ...

President Trump signed an Executive Order titled “Guaranteeing Fair Banking for All Americans.” The Order states that “[i]t is the policy of the United States that no American should be denied access ...

On September 29, 2025, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued an immediately effective interim final rule (referred to as the “Affiliates Rule”) which amends ...

Summary The federal government shutdown commenced at midnight on October 1, 2025, and proposals to reopen the government failed on October 3, extending the shutdown further into the fourth quarter. On ...

Sixth Circuit Clarifies Critical Issues Regarding Reliance and Damages at Class Certification in Securities Fraud Case ...

IRS Announces Intent to Partially Withdraw Previously Proposed Regulations and Provides Interim Guidance Including Revised Rules Governing Domestic Transactions, Troubled Companies and Acquiring ...

Sullivan & Cromwell’s 12th annual Proxy Season Review analyzes significant trends and developments that emerged from the recent U.S. annual meeting proxy season and provides takeaways for 2024.