On November 1, the President’s Working Group on Financial Markets (PWG), along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, issued a “Report on Stablecoins” (Report) that provided background on stablecoins, identified regulatory gaps related to such digital assets, and offered recommendations for addressing those gaps. After outlining
Bonnie is an associate in the firm’s Regulatory Investigations, Strategy + Enforcement (RISE) Practice Group. She represents clients facing state and federal regulatory investigations and enforcement actions, as well as related civil litigation. She also advises clients on internal investigations and corporate compliance. Bonnie regularly provides ongoing commentary and analysis on developments in the state and federal regulatory landscape through the firm’s Regulatory blog, Regulatory Oversight.
Virginia AG’s New Office of Civil Rights Will Scrutinize Business Activities in 2021
On January 5, Virginia Attorney General Mark R. Herring announced the creation of a new Office of Civil Rights, which will expand and replace the existing Division of Human Rights within the office of the attorney general. The new division is a prime example of state regulators’ expanded scrutiny of workplace activities occurring nationwide,…
New AG on the Block: Alaska Attorney General Clyde “Ed” Sniffen Jr.
On January 18, Alaska Governor Mike Dunleavy appointed Clyde “Ed” Sniffen to be Alaska’s next attorney general, subject to approval by the Alaska legislature. Sniffen has served as acting attorney general since the resignation of Kevin Clarkson in August 2020.
In December 2020, Sniffen was among the state attorneys general who supported an amicus brief…