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.

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

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, ...

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 ...

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 ...

On December 5, 2025, the OCC and FDIC issued a joint statement, announcing their withdrawal from their March 2013 guidance on leveraged lending and the November 2014 frequently asked questions on ...

IRS Announces Intent to Partially Withdraw Previously Proposed Regulations and Provides Interim Guidance Including Revised Rules Governing Domestic Transactions, Troubled Companies and Acquiring ...

NEW YORK (APRIL 23, 2025) – Sullivan & Cromwell announced today that Lawrence Elbaum and Patrick Gadson, two preeminent shareholder activism lawyers, will join the firm April 29 as partners in its New ...