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Latest News in Compliance

• April 28, 2025

  DOJ Memo Maps Out A Lighter Touch For Digital Assets

  A recent memo issued by the Justice Department signals a less aggressive approach toward the digital asset industry, with notable directives including disbandment of the National Cryptocurrency Enforcement Team, a higher evidentiary bar for unlicensed money transmitting, and prosecutions of individuals rather than platforms, say attorneys at Cleary.

• April 28, 2025

  SEC Update May Ease Accredited Investor Status Verification

  The U.S. Securities and Exchange Commission recently opened a new avenue to verifying accredited investor status, which could encourage more private fund sponsors and other issuers to engage in a general solicitation with less fear that they will lose the offering's exemption from registration under the Securities Act, say attorneys at Simpson Thacher.

• April 28, 2025

  Md. Expands Tax Break For Biz-Owned Child Care Property

  Maryland expanded eligibility for a property tax credit for Anne Arundel County businesses that dedicate a portion of their property to child care services under a bill signed by the governor.

• April 28, 2025

  Justices Won't Disturb 9th Circ.'s AT&T 401(k) Suit Revival

  The U.S. Supreme Court declined on Monday to hear AT&T's bid for review of a Ninth Circuit panel decision reviving a class action against the telecom giant alleging mismanagement of an employee 401(k) plan, rejecting employers' request for more clarity from the court on the pleading standard for federal benefits lawsuits alleging excessive fees.

• April 25, 2025

  Google Exec Warns Of 'Shadow' Of Chrome If DOJ Wins Sale

  Chrome's top executive told a D.C. federal judge Friday that the Justice Department's bid to force the sale of Google's prized web browser would cause a dramatic degradation in quality for a product that is used by over one billion people and is heavily integrated into the rest of Google.

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