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Comment Period for 'Fair Pay and Safe Workplaces' Extended Again

Client Alert | 1 min read | 08.07.15

In an August 3 letter to eight committee and subcommittee chairs, the FAR Council and the Department of Labor indicated that the comment period for the "Fair Pay Safe Workplaces" proposed FAR Rule and related DOL Guidance would be extended to August 26 (from the current date of August 11, 2015). On July 15, as previously discussed here, the chairs of the House committees of jurisdiction sent a letter to Labor Secretary Perez and OFPP Administrator Rung citing procedural and substantive flaws with the rulemaking (explained in more detail on our Government Contracts blog) and requesting that the agencies withdraw it, or, at a minimum, extend the public comment period an additional 90 days.


Insights

Client Alert | 6 min read | 08.11.26

Lending Against Digital Assets: Five Key Takeaways for Lenders After a Year of Regulatory and UCC Change

Over the past 18 months, the federal banking agencies have clarified supervisory expectations for banks’ crypto-asset activities, and several of the largest U.S. banks have announced programs accepting Bitcoin and Ether as loan collateral. Separately, on June 3, 2026, New York’s enactment of the 2022 amendments to the Uniform Commercial Code took effect, changing the rules governing the perfection of a security interest in digital asset collateral in New York, the jurisdiction whose law governs most institutional credit documentation. Together, these developments may create significant opportunities for lenders navigating the complexities to comply with the newly enacted statutes. This alert surveys the current landscape, from regulatory permissibility and perfection through custody, structuring, and compliance, for institutions active in this market or considering entering it....