Related insights: Financial Regulatory

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This is the Way the NY Payroll Card Challenge Ends. Not with a Bang but a Whimper.

Jun 29 2020
This is the Way the NY Payroll Card Challenge Ends. Not with a Bang but a Whimper.
Subscribers of our 50 State Payroll Card Law Blog know that we’ve been keeping pretty close tabs on the challenge to the New York payroll card regulations brought by Global Cash Card. We’ve written about every twist and turn in the legal saga, and it seems that this story has reached its conclusion. The highest court in New York dismissed Global Cash Card’s appeal last week with the following opinion, reproduced here in its anticlimactic entirety.
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SEC’s Division of Corporation Finance Provides Coronavirus (COVID-19) Disclosure Guidance

Mar 27 2020
As part of its coronavirus disease 2019 (COVID-19) response, the staff of the U.S. Securities and Exchange Commission’s (“SEC”) Division of Corporation Finance (the “Division”) published CF Disclosure Guidance: Topic No. 9 (the “Guidance”), which summarizes disclosure and other securities law obligations that companies should consider with respect to COVID-19 and related business and market disruptions.