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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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Articles

A New CFPB Director Brings New Priorities: How Will This Affect Your Company?

By Association of Corporate Counsel

The US Consumer Financial Protection Bureau (CFPB) spent the summer of 2022 acting on several significant regulatory activities. This resource examines those activities in light of the October 17, 2022, US Court of Appeals for the Fifth Circuit ruling that the funding mechanism for the CFPB was unconstitutional. On November 14, 2022, the CFPB petitioned the US Supreme Court to overturn the Fifth Circuit’s decision. The CFPB asked the Supreme Court to consider the petition at its January 6, 2023, conference and hear the case during its April 2023 session.

Articles

Cooperating with a Government Investigation

By Association of Corporate Counsel

During a government investigation in-house counsel must always protect the interests of the company, which may be different than the interests of employees. Companies can mitigate damage to their organization by cooperating with the government to obtain leniency. 

Articles

Guns in the Workplace After the Supreme Court's Bruen Case: What Has Changed, and What Can Employers Expect? 

By Jeff S. Mayes, Shareholder, Ogletree Deakins 

On June 23, 2022, the Supreme Court of the United States issued its decision in New York State Rifle & Pistol Association v. Bruen, which significantly expanded Americans’ right to bear arms as guaranteed by the Second Amendment. More accurately, the Court significantly curtailed a state’s ability to restrict Americans’ right to publicly carry arms for self-defense. The Bruen decision does not mention the workplace. Nor does the ruling apply directly to the rights of private employers or prevent businesses from enforcing their own restrictions on possession and carry of firearms at their facilities (which the Court indirectly endorsed). The opinion will, however, undoubtedly impact businesses and employers now and in the future. Indeed, in addition to serving as the impetus for a likely increase in guns carried in public generally, the decision will also provide the foundation for subsequent challenges of private restrictions, including workplace bans on guns. Whether those challenges will bear any fruit remains to be seen. What is clear is that Bruen brought gun laws back to the forefront of the national consciousness, and with it a reminder for employers to revisit their workplace restrictions, as well as the law of the state(s) in which they operate. 

Articles

10 Impactful Provisions of the Lummis-Gillibrand Bill

By Andrew Hinkes, Eden Rohrer, and Judie Rinearson, K&L Gates LLP

The “Lummis-Gillibrand Responsible Financial Innovation Act,” lays out a bold agenda for legal reform across multiple regulatory regimes aimed at clarifying legal requirements for regulated entities to issue, trade, and provide services related to certain digital assets. This article provides a brief summary of 10 impactful provisions from the bill.

Articles

California's Executive Order Embraces Crypto

By Jeremy McLaughlin and Christian A. Zazzali, K&L Gates LLP

On May 4, 2022, California Governor Gavin Newsom issued an executive order on digital assets largely echoing the positive sentiments of President Biden’s February executive order. The order looks to create transparent regulation around digital assets and drive innovation into the state. By directing state agencies to engage in a cooperative discussion with stakeholders and developers in web3, California sought to create an informed supplement to the federal report on digital assets, that were due in September 2022.