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Congress Hammers TSA Exemption From FAR

Client Alert | less than 1 min read | 08.20.07

In hearings on August 1 before the House Homeland Security Subcommittee on Management, Investigations, and Oversight, David Bodenheimer testified that the Transportation Security Administration (TSA) should be stripped of its exemptions from the Competition in Contracting Act (CICA) and Federal Acquisition Regulation (FAR) in order to bolster competition, reduce regulatory fragmentation, and open TSA procurements to protests and Contract Disputes Act litigation applicable to other agencies. On the next day, the House introduced a bill that, in conjunction with a pending Senate amendment, would bring TSA back into the acquisition mainstream.

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Client Alert | 6 min read | 03.18.26

CFTC Takes Additional Steps Toward Prediction Market Regulation: What You Need to Know

On March 12, 2026, the U.S. Commodity Futures Trading Commission (CFTC) took formal steps toward establishing additional regulations for prediction markets. The agency issued an Advanced Notice of Proposed Rulemaking (ANPRM) soliciting public input on potential new rules, and separately, released staff guidance outlining its views on how existing rules apply to prediction market platforms currently in operation. These developments signal a significant shift in the regulatory landscape for an industry that has grown rapidly over the past year....