Tag Archives: Regulatory

How Government Contractors Should Prepare for the Looming Government Shutdown

With only two days left until the federal government’s new fiscal year begins, Congress remains at an impasse over a dozen spending bills that must be signed into law to keep the government running, leaving many government contractors wondering about the potential impacts on their businesses if there is a government shutdown in the coming … Continue Reading

Department of Justice eases prohibition on the use of electronic messaging apps

On March 8, 2019, the United States Department of Justice (the DOJ) announced a key revision to its Foreign Corrupt Practices Act (FCPA) Corporate Enforcement Policy (the Policy) regarding employees’ use of ephemeral messaging platforms. The original Policy required companies to prohibit employees’ use of such messaging platforms in order to receive full cooperation credit … Continue Reading

Helping You Navigate CFPB Guidance

Reed Smith has put together two reference documents to help you more easily search for a particular piece of guidance from the CFPB. The first is a collection of all nine issues of the CFPB’s Supervisory Highlights, from 2012 to 2015. The second includes all of the CFPB’s Bulletins, as of 1 December 2015. CFPB … Continue Reading

“Know Your Customer” No More? The SEC Signals a Uniform Fiduciary Standard May Be Coming for Broker-Dealers and Investment Advisers

This post was written by Terence Healy and Daniel Herbst. On March 1, 2013, the Securities and Exchange Commission (“SEC”) published a sweeping request for comments that may determine whether a uniform fiduciary standard will be required for all broker-dealers and investment advisers providing services to retail customers. Under the present regime, registered investment advisers … Continue Reading
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