On September 16, 2022, following President Joe Biden’s Executive Order earlier this year, the White House released its first-ever comprehensive framework for regulating cryptocurrency (the “Framework”). (The White House). After six months of collaboration between agencies across the government, including the Securities and Exchange Commission (“SEC”) and U.S. Department of the Treasury (“USDT”), among others, the agencies developed a framework to advance several priorities relating to: 1) protecting consumers, investors, and businesses; 2) enhancing financial stability; 3) counteracting illicit finance; and 4) advancing responsible innovation…
Read MoreOn March 21, 2022, the U.S. Securities and Exchange Commission (“SEC”), proposed a new climate reporting rule to provide investors with more climate-related data to make informed investments. (SEC). The announcement of this proposal has been met with serious reservations by industry lobbyists and Republican politicians who view the regulation as outside of the SEC’s authority. Id. Notably, General Motors (“GM”) strongly objected to the proposal and sent their CEO to meet with members of the SEC. (SEC). While many organizations have voiced their criticisms of the proposal, whether the SEC will take heed of these objections has yet to be seen…
Read MoreWith nearly 3,000 deals announced, 2021 proved to be a fruitful year for the health-care mergers and acquisitions (“M&A”) market. (Brown, Bloomberg Law). In the final quarter (“Q4”) of 2021, health-care M&A activity reached its peak with the closing of 762 deals. (Herschman, Bloomberg Law). While Q4 recorded the strongest quarter of 2021, each quarter of 2021 closed north of 700 deals. Id. Three sectors in particular saw massive increases in M&A transactions. Those sectors included life science and pharmaceuticals, health-care IT and software, and cannabis. Id. This article will analyze the factors that contributed to the successful 2021 fiscal year in these sectors and predict whether the success from these sectors will continue throughout the 2022 fiscal year…
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