Insights
The Growth Rocketship: Deep Research, Bold Bets, and AI — Inside Maverick Capital’s US$15 Billion Portfolios
FCC Revamps Rules on Consent to Calls and Texts Under the TCPA
Recent Developments for UK PLCs — October 2026
Resource
The Latham US IPO Guide
An insider's guide to the IPO process in the United States.
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.
Pacte Commissoire
a provision contained in French law governed Collateral documents allowing the Secured Party to foreclose on pre-agreed terms without the need to obtain a court order or go through a Public Auction. Illegal until March 2006; very popular since then. Not available for every type of Collateral.
“Redressement Judiciaire”
French Insolvency proceedings of a company in a state of Cessation des Paiements for which reorganisation appears possible. These proceedings are very similar to a Sauvegarde (although they existed before the Sauvegarde was introduced into French law) and may also result in a Term-Out.
COBRA
highly venomous snakes including the Naja and Ophiophagus. Also the name of a military attack helicopter. What you should care about, however, is that COBRA was FINRA’s Corporate Offerings Business Regulatory Analysis system, which was the online system used to make FINRA filings. COBRA has now been replaced by the Public Offering System.
SDG Indicators
a collection of quantitative tools to measure how well UN Member Nations are progressing toward achieving the Sustainable Development Goals.
Share Placing
the sale of Shares to a number of Investors but not to the general public
- (HKG) more commonly known as a Placing or Top-Up Placing, depending on the deal structure. The Shares are typically sold to institutional or professional Investors.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
CFTC Staff Issues Broad No-Action Relief for Passive Software Providers
The no-action relief confirms that PSPs facilitating access to CFTC-regulated derivatives trading need not register as introducing brokers, provided they satisfy certain conditions.
DOJ Revises Policy on Use of Guidance and Dismissal Authority in FCA Cases and Announces D.C. USAO Fraud Division
The announcements reflect the administration’s continued focus on FCA enforcement and raise additional compliance considerations for companies doing business with the government.
SEC Clears Path for On-Chain Trading of Tokenized Stocks With Landmark Innovation Exemption
A five-year exemptive order permits limited on-chain trading for US-listed equities through qualifying venues for the first time, subject to limits, disclosure, and issuer-notice conditions.
IRS Issues 45Z Tax Credit Notice and DOE Updates 45ZCF-GREET Model
New IRS guidance and updated modeling reshape Section 45Z eligibility, emissions calculations, feedstock rules, and compliance obligations for clean fuel producers.
SEC Proposes Modernizing Transfer Agent Infrastructure, Including Framework for Tokenized Securities
The proposed amendments would strengthen existing transfer agent compliance, risk management, and safeguarding standards; permit the use of distributed ledger technology for recordkeeping; and introduce certain new gatekeeper obligations.
US Banking Regulators Finalize Rule on Material Risks
The joint final rule narrows the basis for enforcement actions and MRAs to practices that pose material financial risk or constitute actual violations of law.
IRS Proposal Would Tie Tax-Exempt Status to Expanded Racial Nondiscrimination Policies in Private Schools
The proposal would expand the conditions for maintaining Section 501(c)(3) status and eliminate existing exceptions for certain race-conscious programs.
SEC Proposes Tailored Exemptions for Cryptoasset Offerings
The Proposal would establish two offering exemptions, a conditional safe harbor for investment contracts and broad preemption of state securities laws registration and qualification requirements.