Cleared for Takeoff: FAA to Allow Commercial Unmanned Aircraft Systems Operations Later this Year
Client Alert | 1 min read | 07.30.13
On July 19, the FAA issued a Restricted Category type certificate to two small, unmanned aircraft systems (UAS) that permits aerial surveillance in the Arctic, a significant development that will pave the way for commercial UAS operations later this year (previously discussed here and here). Previous military use of the approved UAS helped facilitate FAA's action, which comes as an encouraging sign for aerospace manufacturers seeking new markets as well as other industries anticipating the emergence of civilian UAS, including agriculture, oil and gas exploration, law enforcement, and security.
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Client Alert | 7 min read | 09.02.26
OCC and FDIC Redefine “Unsafe or Unsound Practices”: The New Supervisory Framework for Banks
On August 27, 2026, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) jointly issued a final rule that, for the first time, gives the term “unsafe or unsound practice” a binding regulatory definition.[1] With it came a uniform standard for Matters Requiring Attention (MRAs) and revised OCC examination manuals.[2]The Federal Reserve did not join the rulemaking, but has adopted comparable standards through guidance. What that means for holding companies and state-chartered institutions is addressed below.[3] The regulation takes effect November 2, 2026, and the revised OCC examination manuals took effect upon their issuance on August 27.
Client Alert | 4 min read | 09.02.26
The CSC Is Investigating: What Its New NIL Enforcement Memo Means for Institutions
Client Alert | 4 min read | 08.27.26
FCC Clarifies Covered List for Power Inverters and Advanced Robotic Devices
Client Alert | 4 min read | 08.27.26
Power Play: New Executive Order Targets Electrical Grid Equipment
