Insights
AI Executive Order Targets State Laws and Seeks Uniform Federal Standards
FDA’s QMSR Implementation is Around the Corner: What Medical Device Companies Need to Know to Be Ready
President Trump Issues Executive Order Targeting Proxy Advisors
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.
Insurgent
not the Target Company, but the other party in a Proxy Contest
Lessor’s Cost
the price paid by the lessor at the closing to acquire the leased asset. The Lessor’s Cost usually includes some Soft Costs. When rent or Termination Values are provided in percentage form, they are usually a percentage of the Lessor’s Cost.
Barrel
the unit of measurement typically used to gauge oil volume in the United States, where a standard Barrel contains 42 US gallons. Elsewhere, oil is commonly measured in cubic meters or tonnes (known in the US as a metric ton, which is 1,000 kilograms).
Footsie
slang term for the FTSE 100 index of the LSE’s leading Shares by market capitalization
Basis Trader
A trader who invests in an asset by purchasing the asset in the cash market and selling the same asset at the same time via Credit Default Swap. The result of such position is that the trader is not taking a view on the credit risk of the underlying asset but rather focuses on the difference in pricing of the asset in the cash and synthetic markets.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
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.
OCC and FDIC Withdraw From Leveraged Lending Guidance
Banks subject to the Agencies’ jurisdiction will now be expected to manage leveraged lending using general risk management principles for safe and sound lending.
Privy Council Issues Pivotal Judgment on Misrepresentation
The Credit Suisse judgment has significant implications for claims in deceit.
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.”