Category Archives: Banking and Finance

New Edition: Sports Law

Sports Law: A Practical Guide to Protecting the Interests of Athletes (Second Edition) provides lawyers, player agents, financial advisors, athletic directors, and other members of athletes’ advisory teams with the tools and understanding they need to protect their clients’ interests before, during, and after their professional careers. Packed with practice tips, sample documents and agreements, and unique insights, it is an essential resource for anyone who counsels or represents athletes.

The newest edition dives into the latest changes in the NIL landscape (Chapter 11), stemming from the new model of college athletics, influenced by market forces, institutional compensation strategies, and judicial oversight. Author Luke Fedlam, a partner at Amundsen Davis, LLC and co-Chair of their Entertainment, Sports and Media Law Service Group, injects the book with insight on various topics such as marketing agreements (Chapter 6), intellectual property protection (Chapter 10), real estate development (Chapter 13), and the world of esports (Chapter 15).

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Book Update: Derivatives Deskbook: Close-Out Netting, Risk Mitigation, Litigation (Second Edition)

Derivatives Deskbook: Close-Out Netting, Risk Mitigation, Litigation (Second Edition) serves as the definitive guide to navigating OTC derivative contracts. Offering actionable insights and practice-tested legal forms, this comprehensive practice guide provides readers with clarity on key terminology, a deeper understanding of the roles of major global regulators, and best practices for legal risk management in derivatives. It also provides an extensive analysis of close-out netting combined with rare litigation cases from foreign jurisdictions.

Highlights of this release include:

An expanded section titled “Credit Default Swaps” explaining how “naked” CDSs have generated intense controversy and are generally no longer allowed by global regulators (Section 1:2.5)

A revised section expanding upon cross-default in relation to default under specified transactions (Section 2:2.6)

A new section examining the 2022 Amendments to the UCC, including the newly introduced Article 12 governing the establishment and maintenance of a security interest in digital assets (Section 3:9)

A new section covering collateral transfers made through distributed ledger technology (DLT) (Section 3:10)

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Closing the Deal: A Practical Guide to Commercial Real Estate Transactions

Closing the Deal: A Practical Guide to Commercial Real Estate Transactions serves as both a textbook for students and a practice guide for attorneys by providing a step-by-step roadmap through the lifecycle of commercial real estate transactions. Balancing doctrinal foundations with applied skills training, the book enables students to think like practicing attorneys and provides practicing attorneys with the necessary tools to navigate complex deals.

This publication includes chapters on:

The Role of the Attorney in Commercial Real Estate Transactions, with discussion of the wide scope of the attorney’s role in the transaction process, including how to navigate situations where legal advice contrasts with the client’s business goals (Section 1:12)

The Role of Brokers, Title Officers, Escrow Agents, and Other Third Parties, which addresses the intersections of other third parties over the course of commercial real estate transactions, including surveyors, engineers, and environmental consultants (Section 2:4 and 2:5)

Leasing Transactions with a chronology of the lease transaction, types, common issues in commercial leasing, and lease administration, including coverage of COVID’s effect on the force majeure clause (Section 9:2, 9:7, 9:12, and 9:12.1[A])

Emerging Trends and Future Directions, covers recent innovations and trends in property technology, such as virtual due diligence, e-signatures, and cannabis uses (Section 12:3 and 12:8)

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Book Update: Investment Adviser Regulation: A Step-by-Step Guide to Compliance and the Law (Third Edition)

Investment Adviser Regulation: A Step-by-Step Guide to Compliance and the Law (Third Edition) leads practitioners through statutory, SEC, and state standards impacting investment advisers, while giving advice on the practical aspects of building a practice. This regularly updated treatise is an essential resource for investment advisers, securities attorneys, compliance personnel, and federal and state regulators, and a useful reference for today’s investors.

Highlights of the recent update include:

Chapter 61, Valuation Issues Under the Investment Advisers Act, provides new coverage of discussions such as the SEC’s enforcement actions regarding investment adviser valuation cases. Updates on use of a pricing or valuation committee are also included (Section 61:4 and 61:7)

Chapter 63, Regulation of Digital Advisers, covers Investment Advisers Act Rule 203A-2(e), which includes an exemption allowing advisers which provide advisory services via the internet, or any other mobile application or platform, to register with the SEC (“Internet Adviser Exemption”) eve if they do not have enough assets qualify for federal registration (Section 63:4.1)

Chapter 64, Blockchain and Digital Assets, is broadly updated, featuring coverage of recent regulatory developments covering digital asset securities and commodities. It also includes the recently signed Guiding and Establishing National Innovation for U.S. Stablecoins Act (“GENIUS” Act). (Sections 64:6.1[B][12], 64:6.1[B][13], 64:6.2[A][5], 64:6.1[B][7] and 64:7.3[A])

Chapter 66, Big Data and Artificial Intelligence: Legal and Compliance Considerations for Investment Managers, examines the developing regulatory views on AI, such as the current administration’s AI action plan, the SEC’s guidance, the EU AI Act, state AI laws, and voluntary guidance from the National Institute of Standards and Technology and the International Organization for Standardization to help organizations manage the risks associated with AI Usage. This chapter also provides a new discussion reviewing the ways in which investment managers can leverage the advantages of AI use while minimizing the risks (Section 66:5.5 and 66:6.8)

Updates to the Table of Authorities and Index

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Book Update: Fintech, Regtech, and the Financial Services Industry

Fintech, Regtech, and the Financial Services Industry analyzes the developments taking place within the financial services industry and spotlights the opportunities they bring to the marketplace, while also highlighting the emerging regulatory framework. This newly supplemented treatise follows the development of fintech, regtech, and suptech, discussing revolutionary innovations within the financial services industry as a whole.

Highlights include:

Chapter 2, Fintech Jurisdictional Issues, details the joint statements by the SEC and CFTC about streamlining oversight as markets converge and launching initiatives for cross-agency crypto trading; it also covers the “GENIUS” Act enacted into law on July 18, 2025

Chapter 3A, Artificial Intelligence in the Securities Industry,highlights key U.S. regulatory developments on AI, such as the FINRA Regulatory Notice 24-09, the March 2025 roundtable on AI, the 2025 FINRA Annual Regulatory Oversight Report, and the December 2024 U.S. Department of Treasury report covering AI risks and opportunities

Chapter 5, Regulation of Digital Advisers, analyzes the SEC’s Internet Adviser Exemption under Investment Advisers Act Rule 203A-2(e), which allows advisers offering services through digital platforms to register federally, even lacking sufficient assets (Section 5:4.1)

Chapter 8, Financial Technology Platforms, examines the Latham & Watkins No-Action Letter from March 12, 2025, which confirms issuers under Rule 506(c) may use investor self-certification for accredited status when investing equal to or above a minimum amount (Section 8:2.1[B])

Chapter 8B, Blockchain and Digital Assets, provides extensive updates to the chapter, including coverage of regulatory developments on digital asset securities and the GENIUS Act (Section 8B:6.1 and 8B:7.3[A])

Chapter 12A, Privacy Laws Applicable to Fintech Companies, outlines new discussion of the Personal Financial Data Rights final rule, also known as the “Open Banking Rule”, issued by the Consumer Financial Protection Bureau on October 22, 2024, as well as updated coverage of state comprehensive privacy laws (Section 12A:7 and 12A:8.2)

Chapter 14, Regulation SCI and Trends in IT and Cybersecurity Regulation, Compliance, and Enforcement, discusses the SEC’s May 2024 Regulations S-P Amendments and provides an update on the 2024 Intercontinental Exchange settlement for Regulation SCI violations (Section 14:3.6[A][1] and 14:5.2[I])

Chapter 15, Big Data and Artificial Intelligence: Legal and Compliance Considerations for Investment Managers, covers evolving AI regulations, including the current administration’s AI action plan, the EU AI Act, state laws, and voluntary guidance from NIST and ISO (Section 15:5.5[A], 15:5.5[D], 15:5.5[H] and 15:5.5[I])

Chapter 21, Financial Services Firms’ Use of Data Analytics and Technology in Compliance, provides an updated analysis of regulators’ expectations for compliance technology with SEC and FINRA enforcement actions and a review of the developing jurisdictional regulatory landscape for AI in financial services. This chapter also provides guidance on AI compliance opportunities and risks, expanding the previous best practices discussion to include recordkeeping challenges, third-party vendors, and outlines a phased approach to deploying AI tools (Section 21:2.2, 21:2.3, 21:3.6, 21:3.7, 21:3.8)

Chapter 22, Regulators’ Use of Data Analytics, includes a new discussion outlining the trajectory of the SEC’s position on deploying AI tools in its regulatory mission (Section 22:3.6)

The Table of Authorities and Index have been updated

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Corporate Valuation in Mergers and Acquisitions

Corporate Valuation in Mergers and Acquisitions, by the incomparable Sam Thompson, provides foundational perspectives regarding legal, finance, accounting, and economic aspects of valuation in merger and acquisition (M&A) transactions. This newly supplemented treatise (December 2025) serves as a guide for lawyers examining the roles of investment bankers, valuation experts, and the courts in valuing targets.

Highlights of this second release include:

A new chapter, Chapter 21, A Brief Introduction to Cryptocurrency and the Valuation of Cryptocurrency in M&A and Related Transactions.

A new chapter, Chapter 22, A Brief Introduction to the Impact of Artificial Intelligence (AI) in Valuation of Companies Engaged in M&A, introduces valuation-related AI and its emerging issues.

An analysis of the newly issued “International Valuation Standards Council’s 2025, International Valuation Standards” (Section 1:13)

An updated section introducing “Professor Damodaran’s Discussion of the Hurdle Rate in a February 2025 ‘Musings on Markets’ Post” (Section 11:9.5)

A new section titled “A Brief Introduction to the Impact of Tariffs on Valuation” (Section 20:11)

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Don’t Miss PLI’s End of Year Sale!

Browse our collection today and save big now through the end of December!

Don’t Miss PLI’s End of Year Sale!

Browse our collection today and save big now through the end of December!

Book Update: Fintech, Regtech, and the Financial Services Industry

Fintech, Regtech, and the Financial Services Industry offers a comprehensive exploration of how innovations in securities trading and payment systems are reshaping the financial landscape. Through contributions from seasoned professionals, the book highlights emerging trends, regulatory developments, and the opportunities these changes present for market participants. This timely volume serves as a vital resource for understanding the intersection of finance, technology, and regulation in a rapidly shifting environment.

Highlights of this seventh release include:

Chapter 2, Fintech Jurisdictional Issues, has been updated to cover recent SEC staff statements (Section 2:2.1); and new discussion of artificial intelligence (AI), its regulation, and the relevant Executive Order issued in January 2025 (Section 2:6).
Chapter 13, Financial Services Cybersecurity, covers the SEC’s 2024 amendments to Regulation S-P and proposed changes to Regulation SCI on cybersecurity and IT resilience (Sections 13:5 and 13:5.1), and new risk management rules for broker-dealers, clearing agencies, and other regulated entities (Section 13:5.3); interagency banking cybersecurity regulation (Section 13:8); and developments in the New York Department of Financial Services’ regulation of financial cybersecurity (Section 13:18).
Chapter 16, FinTech: Money Laundering Risks of New Financial Technologies, outlines the rise of generative artificial intelligence (“GenAI”) (Section 16:1.1); and AML enforcement actions against fintech companies for insufficient AML controls or other significant regulatory failings (Section 16:5.2[A], [E]–[G]).
To aid in your research, the Table of Authorities and Index have been updated.

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PLI PLUS subscribers can access this title through their subscription.

Book Update: Mutual Funds and Exchange Traded Funds Regulation (Third Edition)

Mutual Funds and Exchange Traded Funds Regulation delivers up-to-date, practical guidance on navigating the complex regulatory landscape governing mutual funds and ETFs. It covers everything from prospectus standards and contract drafting to valuation methods, marketing compliance, and cybersecurity risks. With expert insights on avoiding legal pitfalls and meeting regulatory expectations, this annually updated volume is a vital tool for staying ahead in a rapidly evolving financial environment.

Highlights of this release include:

Chapter 1, An Introduction to Mutual Funds, follows the latest developments in the history of the mutual fund industry (Section 1:1).
Chapter 40, Treasury and Related Reporting, outlines key reporting obligations for U.S. institutional investors under the Treasury International Capital system, the Treasury Foreign Currency system, and the Bureau of Economic Analysis’s “BE system.” The discussion has been updated to include recent developments, with expanded coverage of the BE-10 Benchmark Survey (Form BE-10), highlighting its scope, filing requirements, and implications for cross-border investment reporting (Section 40:4.1[C]–[C][5]).
Chapter 45, Investment Management M&A, has been updated to cover the enforceability of non-compete agreements (Section 45:2.1); DOL fiduciary rule implementation (Section 45:3.7); and the U.K. FCA MiFID II rules on purchasing investment research (Section 45:5).
To aid in your research, the Table of Authorities and Index have been updated.

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PLI PLUS subscribers can access this title through their subscription.