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Important Updates to the New York LLC Transparency Act
Mintz
The New York LLC Transparency Act (NYLTA) has recently been amended. The key take-aways are as follows:…...
AI Chatbots, Hallucinations, and Legal Risks
Frost Brown Todd LLP
Artificial intelligence (AI), particularly in the form of large language models (LLMs), has become a go-to resource for online customer service, as…...
Supreme Court Holds That Securities Fraud Statute Does Not Proscribe Pure Omissions
Proskauer Rose LLP
The U.S. Supreme Court recently held that the anti-fraud provision of the Securities Exchange Act does not prohibit “pure omissions,” but only false…...
SMCR Enforcement Actions
Kemp IT Law
What are 'reasonable steps' in the context of the SMCR? Tom Hine explains using two recent cases…...
DOL Issues Final Rule Amending QPAM Exemption
Shearman & Sterling LLP
On April 3, 2024, the Department of Labor (DOL) released its final rule amending Prohibited Transaction Exemption 84-14 (PTE 84-14). PTE 84-14…...
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