SBA Regulatory Changes Affect Relationships Between Small and Large Businesses
Client Alert | 1 min read | 06.09.16
On May 31, 2016, SBA published the final rule, effective June 30, implementing the National Defense Authorization Act of 2013. Considering the critical importance of these changes on size status and teaming relationships between large and small businesses, Crowell & Moring is posting a series of blog posts to cover the wide range of impacts that this rule will have on such topics as limitations on subcontracting, small business subcontracting plans, penalties, affiliation, and the non-manufacturer rule.
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Client Alert | 6 min read | 06.09.26
Is Stock-a-palooza Over? Supreme Court allows SEC to Pursue Disgorgement
On June 4, 2026, the U.S. Supreme Court unanimously held that the U.S. Securities and Exchange Commission (SEC) can continue to pursue disgorgement as an equitable remedy in securities fraud cases without showing pecuniary loss by investors. The Court’s ruling in Sripetch v. SEC resolves a split between the U.S. Court of Appeals for the Second Circuit, which concluded that the SEC must demonstrate pecuniary loss, and the U.S. Courts of Appeals for the First and Ninth Circuits, which declined to require such a showing.
Client Alert | 2 min read | 06.09.26
Client Alert | 7 min read | 06.09.26
Client Alert | 11 min read | 06.08.26


