Insights
2025 Year in Review: A Look Back (and Look Ahead) at the Trump Administration’s Priorities
FCA Confirms Retail Markets Disclosure Rules for Consumer Composite Investments
OCC and FDIC Withdraw From Leveraged Lending Guidance
Resource
The Latham FPI Guide
Updated guide includes the topics that are of most interest to foreign private issuers and their advisors when engaging in US capital markets transactions.
Latham in Focus Video Series
The Book of Jargon Series – Word of the Day®
The Book of Jargon® is a series of practice area and industry-specific glossaries published by Latham & Watkins.
Above the Line
refers to items on an Income Statement (or Profit and Loss Statement) which are incurred before the calculation of a company’s gross profit. Above the Line profit is gross operating profit before deduction of certain expenses to give net profit.
Service Mark
similar to a Trademark but used for distinguishing and identifying services rather than goods.
Jantzi Social Index / JSI
a socially screened, market capitalization-weighted index of 50 Canadian companies that satisfy a broad set of ESG criteria. Launched in 2000, the JSI assesses how some Canadian companies engage with the local community, maintain Corporate Governance, manage employee relations, affect the surrounding environment, and impact human rights.
Bear Hug Letter
an offer letter by an acquiror to buy a Target at a price considerably in excess of the Target’s current share price. Called a Bear Hug because the high price is hard to resist.
Carve-Out Provision
a provision that creates an exception to a more general provision. For example, an act of war may be carved-out of events that constitute a Material Adverse Change.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
SEC Staff Issues No-Action Letter for Fuse Crypto Token
The NAL provides incremental clarity for innovators in the digital asset space and reduces legal risk for similarly structured rewards tokens.
Less Tickbox, More Toolbox: 4 Key Takeaways From Latest SFO Guidance on Corporate Compliance Programmes
Internal controls must be tailored, proportionate, and risk-based — not just a “paper exercise.”
Trump Administration Proposes New Rule Defining Waters of the United States
The proposed rule would scale back federal jurisdiction under the Clean Water Act.
The Road Ahead for Fintech Rulemaking
As the fintech landscape evolves, federal banking regulators are taking decisive steps to integrate stablecoins and payments innovations into the traditional banking system.
Federal Reserve Board Finalizes Revisions to Its Supervisory Rating Framework
The FRB will focus on overall safety and soundness rather than single deficiencies, allowing more large financial institutions to qualify as “well managed.”
EPA Grants Texas Primacy Over Class VI Carbon Storage Wells
The rule positions the Railroad Commission of Texas as the primary permitting authority over Class VI wells and could expedite CCS projects in the state.
New Law Bolsters CCUS Projects in California
California Governor Gavin Newsom signed legislation lifting moratorium on transportation of carbon dioxide by pipeline.
FCA Consults on Changes to the UK Short Selling Regime
Changes largely focus on streamlining administrative requirements to reduce the regulatory burden.