Insights

Washington – May 13, 2021: The National Black Lawyers has selected six Crowell & Moring lawyers for inclusion in its Top 100 Black Lawyers and Top 40 Under 40 Lawyers lists. Membership in the organization is by invitation only and is limited to the top lawyers in each region, selected based on their “reputation for providing excellent legal representation and [being] leaders in their respective practice areas.”

On October 27, 2023, the Office of Environmental Health Hazard Assessment (OEHHA) gave notice of several proposed amendments to the Proposition 65 warning regulations. If implemented, the rules may require many businesses to make substantial changes to their short-form warnings before a two-year phase-in deadline.   

On Saturday, October 7, 2023, California Governor Gavin Newsom signed into law two landmark bills—SB 253, the Climate Corporate Data Accountability Act; and SB 261, the Climate-Related Financial Risk Act—that will require large public and privately-held entities doing business in California to comply with sweeping disclosure requirements regarding their direct and indirect greenhouse gas emissions and their climate-related financial risks.

On Wednesday the SEC adopted amendments to the “Names Rule” that are meant to promote “truth in advertising” according to SEC Chair Gary Gensler. Specifically, the amendments require funds with names that reference a thematic investment focus (such as incorporation of Environmental, Social, and Governance (“ESG”) factors), or that suggest an investment portfolio with certain characteristics (such as “growth” or “value”) to invest at least 80% of the value of their assets in those named focus areas.