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Debevoise & Plimpton Discusses White House’s Blueprint for an AI Bill of Rights

Reynolds Holding

The Blueprint does not include many new ideas for AI compliance. But unlike many of those guidelines, it takes a rights-based approach that is focused on AI’s potential harm, rather than a risk-based approach, which means that the Blueprint’s recommendations apply to all covered automated systems, largely regardless of their risk.

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SEC Chair Gensler Speaks on Emerging Trends in Asset Management

Reynolds Holding

Despite the investor protections recently enacted under the ’33 and ’34 Acts, there still were specific risks to investors who were dealing with investment advisers and investment companies. [3] 2] They identified, though, a set of failures with the funds of those days.

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Updating Annual Report Risk Factors

Harvard Corporate Governance

1] Although each company will need to assess its own material risks and tailor its risk factor disclosure to its unique circumstances, this alert provides a list of 10 key developments in Part I and four important drafting considerations in Part II that all public companies should consider as they update their risk factors.

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Wachtell Lipton Discusses Mergers and Acquisitions–2022 and 2023

Reynolds Holding

billion acquisition of Activision Blizzard, Broadcom’s $61 billion acquisition of VMware and Adobe’s $20 billion acquisition of Figma, as well as a number of large private equity-backed deals, including the $16.5 billion acquisition of Citrix Systems by affiliates of Vista Equity Partners and Evergreen Coast Capital, Zendesk’s $10.2

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Gibson Dunn Offers 2022 Mid-Year Securities Litigation Update

Reynolds Holding

The court ultimately held for the defendants, finding that the bylaws were “validly enacted on a clear day,” and the board “did not unfairly apply” them or make “compliance [with them] difficult.” 2. Failure To Disclose Specific Risks. B. Court Of Chancery Offers Guidance On “Vague” Schnell Standard. In Coster v.

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Gibson Dunn Offers 2022 Year-End Securities Litigation Update

Reynolds Holding

As we reported in our 2017 Year-End Securities Litigation Update and 2019 Mid- Year Securities Litigation Update , a Caremark claim generally seeks to hold directors personally accountable for damages to a company arising from their failure to properly monitor or oversee the company’s major business activities and compliance programs.

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Mayer Brown Discusses Bank Regulators’ Proposed Overhaul of Capital Requirements

Reynolds Holding

Further, while US regulators initially signaled that capital levels would not be materially impacted by the Endgame Standard, the Capital Proposal is now expected to increase common equity Tier 1 (“CET1”) capital by around 16% for banking organizations subject to the Capital Proposal.

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