The Consumer Financial Protection Bureau under the leadership of Rohit Chopra appears poised to pursue an aggressive enforcement posture and test the limits of its authority in pursuit of broad market change. But the headline-grabbing enforcement actions expected under Chopra, whom the Senate...Buckley Commentary & Analysis
"Nickel and diming access to court records: The National Veterans Legal Services Program decision and PACER fees" by Elizabeth R. Bailey
For years, remote access to most federal court records has been locked behind a government paywall. The U.S. Court of Appeals for the Federal Circuit may have pulled the first brick out of that wall, though, in an...Buckley Commentary & Analysis
"Confusion surrounding the Privacy Shield rollback" by Amanda R. Lawrence, Elizabeth E. McGinn, and Magda Gathani
The Court of Justice of the European Union (CJEU) last month invalidated the EU-U.S. Privacy Shield, which over 5,000 companies have relied on as a legal mechanism of transferring data from the EU to the United States.
The European Data Protection Board (EDPB) did not provide a grace...Buckley Commentary & Analysis
A recent Supreme Court decision allows the Securities and Exchange Commission to continue pursuing disgorgement in its enforcement actions, but with significant limitations that will curb disgorgement’s scope and could complicate the SEC’s future efforts to seek it.
Whether the SEC has...Buckley Commentary & Analysis
A century ago, the Spanish Flu ravaged the globe and impacted the legal industry in ways not dissimilar to what we are seeing today. Trials could not be held as attorneys and judges contracted the virus, courts —...Buckley Commentary & Analysis
One of the federal government’s most immediate responses to the coronavirus crisis was a highly visible campaign against profiteering. While the absence of an overarching federal anti-price gouging statute has forced prosecutors to improvise and legislators to contemplate new laws in order to...Buckley Commentary & Analysis
What happens when prosecutors fail to make constitutionally required disclosures of evidence because the court ordered them not to? The U.S. Court of Appeals for the Sixth Circuit weighed in on this issue recently,...Buckley Commentary & Analysis
The Securities and Exchange Commission is sticking to its three-fold mission of protecting investors, maintaining fair and orderly markets, and encouraging capital formation as it responds to the Covid-19 pandemic by issuing regulatory guidance on crisis-relevant market and capital issues,...Buckley Commentary & Analysis
U.S. law respects the confidentiality of a prisoner’s communications with counsel, including phone calls and visits, but with one critical exception that goes unnoticed by many attorneys: The government routinely monitors — and then uses in court — emails between federal prisoners and their...Buckley Commentary & Analysis
"DOJ may face difficulties extraditing remaining defendants in international insider trading ring" by Bradley A. Marcus
The ongoing prosecution in Manhattan of seven defendants in an international insider trading scheme will test the government’s ability to bring international defendants within U.S. jurisdiction. While the government has, at this point, secured two guilty pleas and a conviction, it is unclear...Buckley Commentary & Analysis