In recent days, President Donald J. Trump sent letters to 11 additional countries announcing pending tariff rates for those countries, to take effect August 1. In addition, the president announced ...

On July 14, 2025, the federal banking regulators issued a joint statement for banking organizations that provide or are considering providing safekeeping for crypto-assets in a fiduciary or ...

On July 9, 2025, the Commodity Futures Trading Commission’s Division of Enforcement (“DOE”) issued a Staff Advisory in furtherance of Executive Order 14294, Fighting Overcriminalization in Federal ...

On July 15, 2025, the UK Financial Conduct Authority (“FCA”) published final rules, to implement the new UK regime governing public offers of securities and admission to trading which will replace the ...

On July 2, 2025, DOJ’s Civil Division and HHS issued a joint press release announcing the reestablishment of the DOJ-HHS False Claims Act Working Group.

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 ...

Stablecoin Legislation Senate Banking Committee Approves the GENIUS Act, Which Would Establish a Federal Regulatory Framework for Stablecoins that Contemplates Substantial Scope for State-Only ...

LONDON (JUNE 16, 2025) – Sullivan & Cromwell LLP announced today that Barnabas Reynolds is joining the firm as a partner in its London office. Mr. Reynolds has decades of experience advising financial ...

An increasing number of states have enacted or are considering enacting legislation requiring financial institutions to provide customers “fair access” to financial services.

On August 9, 2023, the Equal Employment Opportunity Commission (“EEOC”) announced the settlement of the agency’s first lawsuit involving the alleged discriminatory use of artificial intelligence (“AI” ...

On June 17, 2025, the U.S. Senate passed, by a vote of 68 to 30, the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” or “GENIUS Act.” The GENIUS Act would establish a federal ...

S&C Advises Elon Musk, xAI and X in the merger of xAI and X in a transaction valuing xAI at $80 billion and X at $33 billion ($45 billion enterprise value less $12 billion of debt).