In Law360, Keturah Taylor, Brett Watson, and Maryam Arshad discuss what the new era of state-led enforcement means for financial institutions, fintech companies, and other consumer finance providers and why they must adapt their compliance and regulatory response strategies.

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Indiana AG Todd Rokita has issued a policy memo announcing that his office will no longer retain or approve requests to retain outside counsel from law firms that engage in diversity, equity, and inclusion (DEI) practices. Under the policy, a law firm is presumptively disqualified from consideration for retention if it engages in certain activities,…

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Twenty-two Republican AGs, led by Indiana AG Todd Rokita, submitted a comment to the U.S. Department of Labor (DOL) in support of the agency’s proposed rule to end federal contracting regulations that require certain contractors to take affirmative steps to ensure equal employment opportunity, including developing and maintaining affirmative action plans. In the comment, the…

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Florida AG James Uthmeier issued a policy memo to some law firms in Florida informing them that his office will no longer retain outside counsel that engages in diversity, equity and inclusion (DEI) or environmental, social and governance (ESG) practices. The memo outlines the activities that would presumptively disqualify a law firm from being retained,…

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Missouri AG Andrew Bailey announced that his office is investigating and has filed parallel lawsuits against Glass, Lewis & Co. and Institutional Shareholder Services, two major corporate proxy advising firms, for alleged violations of state consumer protection laws. According to the filings against Glass, Lewis and ISS, the firms may have presented themselves as neutral…

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