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HISA Federal Litigation Update
The United States Supreme Court's involvement in challenges to the Horseracing Integrity and Safety Authority has created a complex legal landscape with conflicting circuit court decisions. Federal appeals courts in different jurisdictions have reached opposing conclusions about HISA's constitutionality under the private non-delegation doctrine, setting the stage for potential Supreme Court intervention. The ongoing legal battle affects horse racing operations across multiple states, with varying enforcemen
United States Government
JW
Jones Walker
Article
Consumer Financial Protection Bureau Update
The Consumer Financial Protection Bureau has fundamentally shifted its enforcement approach, moving away from subjective consumer choice evaluations toward prosecuting actual fraud cases with identifiable victims and measurable damages. This policy change, announced through updated Enforcement Principles and Supervision and Enforcement Priorities, represents a significant departure from the agency's previous regulatory philosophy.
United States Finance
JW
Jones Walker
Article
NFA Amends Questionnaire Submission And Branch Office Supervision Rules
The National Futures Association has implemented significant regulatory changes affecting commodity interest market intermediaries, liberalizing requirements for both questionnaire submissions and branch office supervision. These amendments, effective in mid-2026, reshape compliance obligations for registered entities and their associated persons, potentially streamlining operational burdens while maintaining supervisory standards.
Worldwide Commercial
D
Dechert
Article
Twin Executive Orders Seek To Spur Quantum Leap In Technology And Cybersecurity
President Trump has signed two executive orders addressing quantum technology's dual nature: its potential to revolutionize computing and its threat to current encryption systems. Federal contractors face a 2030 deadline to adopt quantum-resistant cryptography standards, while agencies must accelerate their transition to post-quantum security measures by 2031. The orders also establish ambitious initiatives to cement U.S. leadership in quantum computing, sensing, and networking technologies.
United States Government
CM
Crowell & Moring LLP
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