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SEC Exempts FPI Directors/Officers from Section 16 Reporting

The SEC issued an order exempting directors and officers of certain foreign private issuers (FPIs) from Section 16 reporting obligations. This exemption applies to FPIs from qualifying jurisdictions with substantially similar regulations and provides relief ahead of the March 18, 2026, reporting deadline.

SEC Exempts FPI Directors and Officers from Section 16 Reporting

The SEC has issued an order exempting directors and officers of certain foreign private issuers (FPIs) from Section 16(a) reporting requirements. This exemption is effective immediately and applies to FPIs incorporated in qualifying jurisdictions with qualifying regulations, ahead of the March 18, 2026 compliance deadline.

US Government Mobilizes War Risk Insurance for Middle East Commerce

The U.S. International Development Finance Corporation (DFC) will offer political risk insurance and guaranty products to stabilize international commerce and support businesses operating in the Middle East. This initiative aims to mitigate disruptions caused by conflict with the Iranian regime and stabilize the war risk insurance market.

CIT Ruling on IEEPA Duties Impacts Importer Refunds

The U.S. Court of International Trade (CIT) issued an order in Atmus Filtration, Inc. v. United States directing CBP to liquidate entries without regard to IEEPA duties. This ruling impacts importers seeking refunds of tariffs previously imposed under IEEPA, following a Supreme Court decision.

Trifecta v. CT Investments - Arizona Court of Appeals Opinion

The Arizona Court of Appeals reversed and remanded a lower court's decision, finding that a judgment was satisfied in full. The court determined that the plaintiff accepted payments from a third party that fully covered the judgment amount, contrary to the lower court's ruling.

US v. Tekola - Sentence Affirmed for Drug Distribution

The Ninth Circuit Court of Appeals affirmed Isaac Tekola's sentence for drug distribution charges. The court upheld the district court's decision to apply a sentencing enhancement for maintaining a premises for drug trafficking, finding it was a primary use of his residence.

Aviation Examination Devolution Project RFP

The Government of Canada, through Public Works and Government Services Canada, has issued a Request for Proposal (RFP) for aviation examination software and proctoring services. The tender closes on March 26, 2026, and is part of the Aviation Examination Devolution Project.

Cage Washer System Tender - Canadian Food Inspection Agency

The Canadian Food Inspection Agency has issued a tender for a cage washer system, with bids due by March 26, 2026. This solicitation is open to Canadian suppliers and those from applicable trading partners, reflecting the Buy Canadian Policy.

Cybersecurity Services Tender for Indigenous Businesses

The Government of Canada has issued a tender for cybersecurity professional services, specifically set aside for Indigenous businesses. The closing date for bids is March 9, 2026. This procurement aims to support the modernization of cybersecurity operations.

Health Canada Drug Risk Assessment Tool Tender

Health Canada has issued a tender for a responsive risk assessment tool to determine drug criticality and vulnerability. The tender closes on March 9, 2026, with an estimated contract start date of March 23, 2026.