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GAO Proposed Rule Heralds New Electronic Filing System for Bid Protests

Client Alert | 1 min read | 04.18.16

On April 15, 2016, GAO published a proposed rule, with comments due May 16, to implement a web-based electronic docketing system that, when the rule is finalized, will be the only conduit for filing a protest letter and other filings, with the exception of classified ones. In addition, among other changes, the proposed rule indicates that GAO will impose a filing fee, anticipated to be $350, for at least six years to offset the cost of the development and maintenance of the system and will require the parties to prepare a redacted public version of all documents filed in connection with a protest.

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Client Alert | 2 min read | 11.14.24

SEC ESG Enforcement Is Still Alive

On November 8, 2024 the SEC announced a settled enforcement action against Invesco Advisers, Inc. for making misleading statements about its integration of environmental, social, and governance (ESG) factors into the firm’s investment decisions. Invesco agreed to pay a $17.5 million civil penalty to settle the matter. This enforcement action makes it clear that, even though the SEC dissolved its ESG Task Force, the Commission continues to monitor firms’ statements and representations for misleading statements about ESG....