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Trade & Procurement
Recent changes
DWC Adjusts Medical Fee Schedule for Hospitals and ASCs
The California Division of Workers’ Compensation (DWC) has posted adjustments to the Official Medical Fee Schedule for Hospital Outpatient Departments and Ambulatory Surgical Centers. These changes conform to the CY2026 Medicare payment system updates and are effective for services rendered on or after March 1, 2026.
FINRA Amends Rule 3220 on Gifts to Employees of Others
FINRA has adopted amendments to Rule 3220, increasing the annual gift limit to employees of other firms from $100 to $300. The amendments also codify current guidance and provide for exemptive relief, aiming to modernize rules and promote efficiency without reducing investor protection. Conforming amendments were made to related rules.
Court Order Restricts Wigan Waste Site Access
The Environment Agency has obtained a court order restricting access to a waste site in Wigan to prevent illegal dumping. The order, effective for six months, prohibits waste importation and access to the site, with non-compliance being a criminal offense. This action is part of an ongoing criminal investigation into illegal waste dumping.
ESMA Publishes Q&As on Financial Markets, MiCA, CCPs, and Transparency
The European Securities and Markets Authority (ESMA) has published updated Questions and Answers documents covering various EU financial market regulations. These Q&As provide clarifications on topics including crowdfunding, Markets in Crypto-Assets (MiCA), OTC derivatives, central counterparties (CCPs), and the Transparency Directive.
ESMA Publishes Annual Equity Transparency Calculations
The European Securities and Markets Authority (ESMA) has published its annual transparency calculations for equity and equity-like instruments, effective April 6, 2026. These calculations determine liquidity assessments, relevant markets, large-in-scale thresholds, and tick-size regimes.
SEC Revokes LNP R Group Inc. Securities Registration
The SEC has revoked the securities registration of LNP R Group Inc. due to non-compliance with Section 13(a) of the Exchange Act and associated rules. The company failed to file required periodic reports after September 30, 2023. This action is effective February 27, 2026.
SEC bars Ofer Ababaneh from investment industry
The SEC has barred Ofer Ababaneh from associating with any investment adviser, investment company, or any other person or entity registered or required to be registered with the Commission. This action follows Ababaneh's guilty plea and sentencing for investment adviser fraud, resulting in a 48-month prison sentence and restitution of $106,000,000.
SEC Order Directing Third Disbursement of Fair Fund in Computer Sciences Corporation Matter
The SEC has issued an order directing a third disbursement of Fair Funds in the administrative proceeding against Computer Sciences Corporation. Approximately $517,004.73 will be distributed to harmed investors, bringing the total disbursed to 22.23% of their recognized claims.
Stonebridge Townhomes Owner's Association v. Ptoomey - Adverse Possession Dispute
The Delaware Court of Chancery issued a final report in the dispute between Stonebridge Townhomes Owner's Association and homeowners Mark and Martha Ptoomey. The court ruled against the homeowners' adverse possession claim, finding they failed to meet their burden of proof and ordering the contested area returned to the association at the homeowners' expense.
Van Horn v. Townsend Real Estate - Adverse Possession Case
The Delaware Court of Chancery issued an opinion in Van Horn v. Townsend Real Estate, ruling in favor of Michael Van Horn regarding a property dispute. The court found that Van Horn met the criteria for adverse possession, vesting title to the disputed land in him.
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