Insights
President Trump Issues Executive Order “Prioritizing the Warfighter in Defense Contracting”
Saudi Arabia Reforms Real Estate Law to Enhance Foreign Investment and Ownership
Healthcare & Life Sciences: Drug Pricing Digest — Number 64
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.
Lugano Convention
the Convention on Jurisdiction and the Recognition and Enforcement of Judgments in Civil and Commercial Matters entered into between the then IS EU Member States in 1988.
Pitch
a presentation that entrepreneurs make to Investors or other constituents to describe why the company is a good investment, often focusing on a description of the company, its products or services, the problem the company is trying to solve, the market opportunity, financial projections and what the funding will be used for, among other things. If the pitch is a hit, you may enjoy a home run. See Elevator Pitch.
Bot
automated software that is used to conduct trades and execute transactions on behalf of human investors. There are many types of Crypto trading Bots, which can be free or subscription-based.
Sampling
reviewing a subset of data (either random or targeted) to get a sense of what may be in a larger population of the same data. Also a favorite pastime of grocery shoppers.
Magic Page
the page in the offering document for a REIT IPO that describes the REIT’s initial distribution policy, including the amount that the REIT expects to pay in dividends during its first year and the related annualized distribution rate and Dividend Payout Ratio.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
UK Government Consults on Significant Legislative Changes to Merger Control Regime
The consultation aims to make jurisdictional thresholds more predictable, enhance the CMA’s political accountability, and improve interactions between businesses and the regulator.
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.