FDIC and OCC Issue NPR to Eliminate ‘Reputation Risk’ from Supervisory Programs ...
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.
Sixth Circuit Clarifies Critical Issues Regarding Reliance and Damages at Class Certification in Securities Fraud Case ...
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 ...
IRS Announces Intent to Partially Withdraw Previously Proposed Regulations and Provides Interim Guidance Including Revised Rules Governing Domestic Transactions, Troubled Companies and Acquiring ...
The Sixth Circuit overturned a discovery order against FirstEnergy, reaffirming that internal investigations led by outside counsel are protected by attorney-client privilege. Sullivan & Cromwell ...
IRS funding is one of many unresolved appropriations issues as a government shutdown looms on October 1 unless Congress can reach agreement on funding the government Treasury and IRS revisit guidance ...
NEW YORK (APRIL 23, 2025) – Sullivan & Cromwell announced today that Lawrence Elbaum and Patrick Gadson, two preeminent shareholder activism lawyers, will join the firm April 29 as partners in its New ...
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.
On September 15, the Staff of the SEC said that it will not recommend enforcement action if ExxonMobil implements its proposed Retail Voting Program.
On June 17, 2025, the U.S. Senate passed, by a vote of 68 to 30, the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” or “GENIUS Act.” ...
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