CLS Blue Sky Blog

Boards advise on strategy, risk, and a variety of leadership, organizational, and geopolitical topics. While individual directors are selected with these specific skills in mind, it is unlikely that any begin or complete their tenure with full knowledge to resolve the issues they will face. Where do directors go for advice? Whom do they turn to for p...

On May 19, 2026, the U.S. Securities and Exchange Commission (SEC) proposed significant changes to the way public companies are categorized for federal securities law reporting purposes. The proposed rules and form amendments would simplify the existing filer status framework, extend scaled disclosure and other accommodations to most public companies, and extend periodic repo...

The value of issued stablecoins was about $1 billion in 2019 and is projected to reach $4 trillion by 2030. Tether and Circle dominate today, and newer entrants are coming from firms like PayPal, Western Union, and Fidelity. In July 2025, Congress responded to the rise of stablecoins with the

In a unanimous decision issued today in Sripetch v. SEC, the Supreme Court held that the SEC need not prove that investors suffered any actual pecuniary loss in order to obtain disgorgement for securities-law violati...

The European Commission’s proposed EU Inc. (COM(2026) 321 final) seeks to create a new, optional corporate form that can operate across the European Union as a 28th regime alongside national company laws. The proposal forms part o...