Our recent Client Alert discusses ISS and Glass Lewis voting policy updates for the 2025 proxy season. ISS made updates to the section on management say-on-pay and executive pay evaluation in its U.S. Executive Compensation Policies FAQs and made updates to its voting guidelines relating to environmental and/or community impact assessment shareholder proposals, short-term poison
Corporate Compliance
12 Days of Regulatory Insights: Day 12 – Redefining Online Gaming
In the 12th and final episode of our 12 Days of Regulatory Insights podcast series, Cole White, a member of Troutman Pepper’s Regulatory Investigation, Strategy, and Enforcement (RISE) practice group, is joined by Stephen Piepgrass, RISE practice group leader, to discuss recent developments in the online gaming industry.…
12 Days of Regulatory Insights: Day 2 – AI Under Scrutiny
In the second episode of our special 12 Days of Regulatory Insights podcast series, Cole White, a member of Troutman Pepper’s Regulatory Investigation, Strategy, and Enforcement (RISE) practice group, is joined by colleagues Stephen Piepgrass and Mike Yaghi to analyze the rising regulatory scrutiny of artificial intelligence (AI) technologies by state attorneys general (AG).…
Event Alert: Wilson Sonsini’s MCLE Days, December 12, January 17 and 23
Wilson Sonsini is pleased to offer MCLE Days, a newly expanded programming to meet your MCLE requirements. The first of our three MCLE Days will be held Thursday, December 12, 2024, at the Sheraton Palo Alto in Palo Alto, California (details below), and will also be available virtually. Register for this event here. The…
BIS further targets China’s ability to produce advanced semiconductors; China retaliates with its own export bans
On December 2, the Bureau of Industry and Security (BIS) announced two companion rules to impede China’s ability to procure and produce advanced-node semiconductors that can be used in advanced weapons systems, artificial intelligence (AI), and advanced computing.
In response, China announced that it will in principle ban exports of gallium, germanium, antimony, and superhard…
FinCEN Alert: Fraud Schemes Using Generative Artificial Intelligence to Circumvent Financial Institution’s Identity Verification, Authentication, and Due Diligence Controls

On November 13, 2024, the Financial Crimes Enforcement Network (FinCEN) issued FIN-2024-Alert004 to help financial institutions identify fraud schemes associated with the use of deepfake media created with generative artificial intelligence (GenAI) in response to increased suspicious activity reporting. “Deepfake media” are a type of synthetic content that use artificial intelligence/machine learning to create realistic…
OMB Releases Guidance to Advance Federal AI Acquisition
On September 24, 2024, the Office of Management and Budget (OMB) released Memorandum M-24-18, Advancing the Responsible Acquisition of Artificial Intelligence in Government (Memo). The 36-page Memo builds on OMB’s March 2024 guidance governing federal agencies’ use of AI, Memorandum M-24-10, which we reported on here. The Memo addresses requirements and guidance for agencies acquiring…
International trade in a second Trump presidency
On Wednesday, former President Donald Trump was projected to retake the White House and become the United States’ 47th president. The Senate is also projected to be Republican controlled; the House of Representatives remains too close to call.
Based on insights from his first administration and his campaign promises, the following are a few key…
Treasury Department issues final rule creating U.S. outbound investment security program
On October 28, 2024, the U.S. Department of the Treasury issued its long-awaited final rule (Final Rule) implementing an outbound investment security program. Stemming from Executive Order 14105 (Outbound Order), the new program targets U.S. investment in China, Hong Kong, and Macau related to a defined set of technologies and products that pose…
AI Risk and Whistleblower Protection Spotlighted in DOJ’s Revised Corporate Compliance Guidance
On September 23, 2024, the U.S. Department of Justice (DOJ) updated its Evaluation of Corporate Compliance Programs (ECCP) guidance.
The ECCP provides prosecutors with questions and factors to consider when assessing a company’s compliance program. Prosecutors use the guidance to assist in making decisions about whether to charge a company and how to resolve…