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Recovery Act Buy American Provision: Good News For Canadian Suppliers

Client Alert | less than 1 min read | 03.30.10

On March 25, 2010, OMB issued amended guidance on implementation of the Buy American provision of the American Recovery and Reinvestment Act of 2009, 75 Fed. Reg. 14323, effective immediately, which (1) changed the threshold that applies to international agreements from $7,430,000 to $7,804,000; (2) added Chinese Taipei (Taiwan) as a party to the WTO Government Procurement Agreement; and (3) added the Canada/US Agreement on Government Procurement, effective February 16, 2010. That agreement, among other things, opens up certain Recovery-Act funded programs of the Rural Utilities Service, Ag Dept., DoE, HUD, and EPA to Canadian iron, steel, and manufactured goods.

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Client Alert | 4 min read | 02.19.26

Proposed NY Legislation May Mean Potential Criminal Charges for Unlicensed Crypto Firms

On January 14, 2026, State Senator Zellnor Myrie proposed legislation in the New York State Senate that would amend New York law to make it a criminal offense to operate a virtual currency business in New York without the proper license. By introducing the possibility of criminal penalties, Senate Bill S. 8901, the Cryptocurrency Regulation Yields Protections, Trust, and Oversight Act (CRYPTO Act), would mark a significant regulatory shift in the state’s oversight of virtual currency businesses, given New York’s prominence in virtual currency regulation in the U.S....