Congress Hammers TSA Exemption From FAR
Client Alert | less than 1 min read | 08.20.07
In hearings on August 1 before the House Homeland Security Subcommittee on Management, Investigations, and Oversight, David Bodenheimer testified that the Transportation Security Administration (TSA) should be stripped of its exemptions from the Competition in Contracting Act (CICA) and Federal Acquisition Regulation (FAR) in order to bolster competition, reduce regulatory fragmentation, and open TSA procurements to protests and Contract Disputes Act litigation applicable to other agencies. On the next day, the House introduced a bill that, in conjunction with a pending Senate amendment, would bring TSA back into the acquisition mainstream.
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Client Alert | 6 min read | 06.09.26
Is Stock-a-palooza Over? Supreme Court allows SEC to Pursue Disgorgement
On June 4, 2026, the U.S. Supreme Court unanimously held that the U.S. Securities and Exchange Commission (SEC) can continue to pursue disgorgement as an equitable remedy in securities fraud cases without showing pecuniary loss by investors. The Court’s ruling in Sripetch v. SEC resolves a split between the U.S. Court of Appeals for the Second Circuit, which concluded that the SEC must demonstrate pecuniary loss, and the U.S. Courts of Appeals for the First and Ninth Circuits, which declined to require such a showing.
Client Alert | 2 min read | 06.09.26
Client Alert | 7 min read | 06.09.26
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