On February 15, 2023, the U.S. Securities and Exchange Commission published sweeping and controversial proposed amendments to Rule 206(4)-2 under the Investment Advisers Act of 1940. The Proposed Rule reflects the SEC's growing concern about the safekeeping of digital assets by advisers and the uncertainty in the marketplace about the application of the Custody Rule.

Perkins Coie is pleased to announce the launch of our second annual report California Consumer Privacy Act Litigation Year in Review. The California Consumer Privacy Act (CCPA) became effective on January 1, 2020, and regulates any “business” that does business in California.