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Transportation Leaders Propose Massive Public-Private Partnership Project in Northeast Rail Corridor

Client Alert | less than 1 min read | 05.27.11

On May 26, 2011, House Transportation leaders outlined a dramatic Public-Private Partnership proposal designed to bolster the development of high-speed rail in the heavily populated "Northeast Corridor." Continuing the trend towards PPP procurement on the federal, state and local levels, the proposed legislation would separate the Northeast Corridor from Amtrak, transfer it to a separate entity, and begin a competitive bidding process that would allow for a PPP to design, build, operate, maintain, and finance high-speed rail service over the next 10 years.

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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....