Insights
Latham & Watkins M&A Leaders on the ‘Year of the Mega Deal’
Annual HSR Threshold Adjustments Announced for 2026
OCC Proposes Regulation to Clarify Permissible Activities for Trust Banks
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.
Protective Order
an agreement among the PTAB and the parties to a PTAB Proceeding, which provides details for identifying confidential information and rules governing its disclosure between the parties. 37 C.F.R. § 42.54.
Key Man
a person who is deemed to be necessary for the success of a fund. Generally a term is provided in the fund documents or in a Side Letter that provides investors with the right of Redemption if a Key Man no longer works for the Fund Manager and is commonly referred to as a “Key Man Provision.”
Know Your Client
refers to policies in place and information required to establish a client’s identity to safeguard against money laundering risks and to comply with multi-jurisdictional regulatory requirements. See Anti-Money Laundering, AML and KYC.
Avatar
a digital icon or figure representing a particular person on a Web2 or Web3 platform, with the simplest iteration being the ubiquitous profile picture.
B Corporation
a certified B Corporation is a business structure that balances purpose and profit. B Corporations are legally required to consider the impact of their decisions on the environment, workers, customers, suppliers, and communities.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
OCC Proposes Regulation to Clarify Permissible Activities for Trust Banks
The Proposal addresses recent comments about the scope of permissible activities for national trust banks, as applications to charter new banks continue to be filed.
SEC Staff Provides Clarity on the Custody of Cryptoasset Securities
The Staff statement provides a framework for broker-dealers seeking to maintain “physical possession” of digital asset securities, emphasizing operational security and risk mitigation.
Washington State’s Amended PFAS Rule Restricts New Product Categories and Adds Total Fluorine Threshold
The amended rule adds to the growing patchwork of state-level PFAS laws and to compliance burdens.
FCA Publishes Update to Cryptoasset Gateway
The update will create significant time pressure for firms seeking UK authorisation.
SEC Staff Issues No-Action Letter for DTC’s Tokenization Pilot
The no action relief opens the door to experimentation with blockchain-based market infrastructure while preserving traditional securities market safeguards.
HM Treasury Proposes to Significantly Reduce Scope of UK BMR
Under the proposals, only designated benchmarks or benchmark administrators would be regulated.
OCC Continues to Move Digital Assets Into the Banking System
The OCC affirmed that certain cryptoasset activities are part of, or incidental to, the business of banking and conditionally approved five national trust bank charters for digital asset entities.
Federal Agencies Move to Return the Endangered Species Act to 2019 Interpretation
Proposed rules would reverse Biden-era regulations under the ESA and return to the regulatory framework implemented during the first Trump administration.