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Recent changes
Iowa Veterans Services Appropriations Bill SF2466
Iowa Senate Bill SF2466 passed the Senate on March 10, 2026, by a vote of 34-12. The bill relates to veterans services and makes appropriations for veterans programs. It was previously designated SSB 3079 and has been referred to the Iowa House Veterans Affairs Committee for further consideration.
SSB3193 - Vapor Products and Alternative Nicotine Products Taxation
Iowa Senate Bill SSB3193 passed the Senate on April 6, 2026, proposing taxation and regulation of alternative nicotine products and vapor products. The bill was introduced by the Appropriations Committee in the 91st General Assembly and includes appropriations and effective date provisions. The legislation would establish new tax rates on vapor products and impose regulatory requirements on manufacturers, wholesalers, and retailers in Iowa.
HB4217 allows Illinois public defenders in suspension hearings
Illinois House Bill 4217 amends the Officers and Employees Article of the Counties Code to expand the scope of public defender representation. The bill allows public defenders who are already representing a client in a criminal case to also represent that same client in summary suspension or revocation hearings under the Illinois Vehicle Code. This removes a prior restriction that separated criminal defense representation from administrative driving privilege hearings.
Debt Management License Bond Doubling
Illinois HB4814 amends the Debt Management Service Act to double the required bond for license applicants from $25,000 to $50,000. The bill also establishes new fee caps for debt management service providers, allowing fees of up to 15% of monthly disbursements to creditors or $75/$100 depending on the number of creditors enrolled in the debt management plan.
Asset Purchase Agreement - Supernus Acquires Navitor Pharmaceutical Assets
Supernus Pharmaceuticals, Inc. filed an SEC Form 8-K exhibit disclosing an Asset Purchase Agreement to acquire certain pharmaceutical compound assets from Navitor Pharmaceuticals, Inc. and Navitor Pharmaceuticals, LLC. The transaction, effective April 1, 2026, involves the purchase of intellectual property related to a CNS compound that Supernus has been developing in partnership with Navitor since 2020. The deal supersedes a prior Development and Option Agreement and Binding Memorandum of Understanding between the parties.
Executive Leadership Transition: Totzke Departure and Luthra Promotion
Mattel, Inc. announced that Steve Totzke, President and Chief Commercial Officer, will step down effective May 1, 2026, after 30 years with the company. Sanjay Luthra, previously Executive Vice President and Managing Director of EMEA and Global Direct-to-Consumer, has been promoted to succeed Totzke as Chief Commercial Officer. Totzke will serve as Executive Advisor through December 31, 2026, to facilitate transition.
Alaska SB185 - Insurance Rebates and Advertising
Alaska Senate Bill 185 passed the Senate on April 7, 2026, modifying the state's insurance code. The legislation addresses prohibited insurance rebates, expands exceptions under AS 21.36, grants additional powers to the director of the Division of Insurance, and establishes new restrictions on insurance advertising practices. The bill was referred to the Labor and Commerce Committee with a committee substitute adopted.
First Amendment to Offer Letter - Severance Eligibility Terms
Azenta, Inc. filed a First Amendment to Offer Letter for employee Olga Pirogova, adding Section 5 detailing severance eligibility provisions. The amendment specifies termination scenarios including voluntary departure, termination for cause, termination without cause, and termination following a Change in Control, along with corresponding compensation and benefits. The amendment also includes Section 409A tax compliance provisions.
CFTC FAQs, Guidance, MOUs, and No-Action Relief: Enforcement Priorities and Prediction Markets
Kelley Drye & Warren's Financial Services Group summarizes recent CFTC actions under new Chair Mike Selig and Enforcement Director David Miller from February–March 2026, covering FAQs, staff guidance, MOUs, and no-action relief affecting U.S. derivatives market participants. The CFTC reaffirmed its exclusive jurisdiction over prediction markets and outlined enforcement priorities targeting insider trading and market manipulation in event contracts traded on platforms like KalshiEX.
DOL fiduciary rule, Supreme Court Intel case, reshape 401(k) alternatives
JD Supra published analysis on a proposed Department of Labor rule and pending Supreme Court case that could reshape fiduciary standards for alternative investments in 401(k) plans. The DOL proposal would establish a safe harbor for offering alternatives by focusing on process-based compliance over investment outcomes, while the Supreme Court's review of Andersson v. Intel Corp. could clarify proof standards for fiduciary liability.
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