Citing the widespread use of these voluntary filings and concern regarding the use of SEC processes for unintended purposes, on Friday, January 23, the SEC Staff updated its long-standing policy and ...

S&C Partners Christopher Viapiano, Lenny Traps, and Oliver Engebretson-Schooley and associate Joseph Lindblad co-authored an article for Bloomberg Law analyzing the prevalence of stockholder ...

Christopher Viapiano is a partner in Sullivan & Cromwell’s Litigation Group, Co-Head of the Firm’s Securities Litigation Practice and a member of the Criminal Defense & Investigations Group. Mr.

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On October 7, 2025, the FDIC and the OCC jointly issued a proposal to define the term “unsafe or unsound practice” under section 8 of the FDIA (12 U.S.C. § 1818.

Summary The federal government shutdown commenced at midnight on October 1, 2025, and proposals to reopen the government failed on October 3, extending the shutdown further into the fourth quarter. On ...

Revised Policy Would Enable Greater Scope for Digital Asset-Related Activities by Uninsured State Member Banks ...

President Trump signed an Executive Order titled “Guaranteeing Fair Banking for All Americans.” The Order states that “[i]t is the policy of the United States that no American should be denied access ...

For more information on these and other developments, we encourage you to reach out to your regular Sullivan & Cromwell contact. Highlights In this issue, we discuss key developments in Q3 2025, ...

n a speech delivered at the 25th anniversary gala for the University of Delaware’s Weinberg Center for Corporate Governance on October 9, the Chair of the SEC, Paul Atkins, stated that “[t]he view ...

Highlights In this issue, we discuss key developments in Q3 2024, including recent rulemakings, court decisions, enforcement actions and other key updates affecting the investment management industry.

Acting FDIC Chairman Hill Offers Lessons Learned from 2023 Bank Failures and Discusses Potential Streamlining of Resolution Plan Requirements and Improvements to ...