New York +1-212-558-4789 gerlacha@sullcrom.com pending sale of its Transportation Finance and Vendor Finance businesses, including related loan portfolios totaling approximately C$14.5 billion ...

WASHINGTON, D.C. (June 15, 2026) – Sullivan & Cromwell LLP announced today that Carla Hine has joined the firm as a partner in its Antitrust Group, resident in its Washington, D.C. office. Ms. Hine ...

Federal Reserve Board proposes special-purpose payment accounts for clearing and settlement and urges a pause on Tier 3 access requests pending policy review.

Summary On May 19, 2026, the Commodity Futures Trading Commission (“CFTC” or the “Commission”) announced a new staff advisory setting forth the Division of Enforcement’s (“Division”) exclusive policy ...

On May 19, 2026, President Trump signed an Executive Order titled “Integrating Financial Technology Innovation Into Regulatory Frameworks” that directs the federal financial regulators (excluding the ...

On October 24, the Federal Reserve Board released two proposals to update its supervisory stress testing framework, seeking comment on enhanced model transparency, disclosure processes, and proposed ...

The Second Circuit held that New York’s mortgage-escrow interest law is preempted by the NBA, finding it significantly interferes with national banks’ power to set escrow account terms.

Reporting Companies Would Be Permitted to File One Semiannual Report on Form 10-S Instead of Three Quarterly Reports on Form 10-Q ...

New Executive Order Substantially Increases Sanctions Risks to Foreign Persons Engaging in Cuba-Related Activities; Among Other Things, It Authorizes Sectoral Sanctions and Sanctions Targeting the ...

Tesla obtained the dismissal of two derivative actions filed in Delaware on the eve of Tesla’s redomestication from Delaware to Texas in 2024 on forum-selection grounds.

Proposed Rule Would Implement Requirements for Permitted Payment Stablecoin Issuers to Establish Financial Crime Programs ...

Last week, FinCEN and certain bank regulators released Notices of Proposed Rulemaking (“NPRMs”) which, if implemented, would reform the requirements for financial institutions’ AML/CFT programs.