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New Grant Rules Put Recipients Under the Microscope

Client Alert | 1 min read | 01.15.14

On December 26, OMB published new guidance designed to "streamline" the Federal government's guidance on Administrative Requirements, Cost Principles, and Audit Requirements for Federal grants, an effort led by the cross-agency Council on Financial Assistance Reform and OMB. The new guidance is intended in part to "strengthen oversight over Federal funds to reduce risks of waste, fraud, and abuse" and "increase the efficiency and effectiveness of Federal awards to ensure best use of the more than $500 billion expended annually," an effort which is likely to mean increased government scrutiny over institutions of higher education, nonprofit organizations, and other grant recipients.


Insights

Client Alert | 4 min read | 12.31.25

Raising the Bar: New York Expands Consumer Protection Law with FAIR Business Practices Act

New York Governor Kathy Hochul has signed into law the most significant update to New York’s consumer protection law in 45 years — the Fostering Affordability and Integrity through Reasonable Business Practices Act, or FAIR Business Practices Act — expanding the scope of the state’s authority to now challenge unfair and abusive business practices. The measure, backed by New York Attorney General (“AG”) Letitia James and signed on December 19, 2025, amends New York’s General Business Law § 349, giving regulators new tools to protect consumers and promote fair marketplace practices....