Finance Law and Banking Law

The Securities and Exchange Commission (“SEC”) recently proposed the most significant amendments to the registered offering framework in over 20 years, intended to facilitate capital formation in the public securities markets. The proposed amendments to its registered offering rules (the “Proposal”)[1] would preempt state securities law registration and qualification requirements for all offerings registered under the Securities Act of 1933, as amended (the “Securities Act”).

Large family offices and institutional investors are increasingly turning to NAV loans as a portfolio management tool for their alternatives holdings.

Fund managers face significant challenges preparing Form ADV and Form PF filings under tight first-quarter deadlines, requiring extensive financial data extraction and coordination with compliance providers. Early preparation, organized data management, and strategic support can help reduce errors, mitigate regulatory risk, and streamline the complex SEC filing process.

Large family offices and institutional investors are increasingly turning to NAV loans as a portfolio management tool for their alternatives holdings.

Florida's startup ecosystem depends on more than capital – it needs angel investors who can move quickly, share experience and help founders avoid mistakes early.

On March 19, 2026, the federal banking agencies issued a package of proposed changes to the regulatory capital requirements for banking institutions of all sizes, from the largest GSIBs and super-regional banks to community banks. This package of proposals (the “Proposed Rules”) is a second full attempt at implementing the 2017 “Basel III Endgame” international framework—following the agencies’ initial package of proposals in July 2023 (the “2023 NPR”)—to better reflect credit, trading and operational risk in the calculation of regulatory capital ratios.

As the SEC pursues sweeping deregulatory reforms under Chairman Paul Atkins—including potential shifts to semiannual reporting and reduced executive compensation disclosures—institutional and activist investors...

The Securities and Exchange Commission has proposed comprehensive amendments to modernize the registered securities offering process, potentially marking the most significant update since 2005.

The SEC has proposed allowing public companies to file semiannual reports instead of quarterly reports, potentially reducing compliance costs and freeing up management time. Companies could elect to file one...

Hybrid capital instruments are transforming private capital markets by offering flexible financing solutions that bridge traditional debt and equity.

As we previously reported here in Cabinet News & Views, the Federal Reserve, the OCC, and the FDIC reproposed the Basel III Endgame package of amendments to the U.S. risk-based capital rules (“The Reproposal").

On April 16, 2026, the Division of Corporation Finance for the Securities and Exchange Commission (“SEC”) issued an exemptive order (the “Order”) permitting certain equity tender offers to utilize an abbreviated offer period of as few as 10 business days, rather than requiring a tender offer remain open for at least 20 business days, as is currently required under Rule 13e-4(i) of the Securities Exchange Act of 1934 (the “Exchange Act”).