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Thought Leadership

CMS Proposes New Limits on Medicaid State Directed Payments and Fee-for-Service Practitioner Payments: How the Rule Builds on the One Big Beautiful Bill

On May 22, 2026, the Centers for Medicare & Medicaid Services (“CMS”) published a proposed rule (the “Proposed Rule”) that would implement, and in several respects expand beyond, the Medicaid state directed payment (“SDP”) provisions enacted in the…

SEC Proposes Optional Semiannual Reporting Framework

As noted in our prior client alert on this topic, the SEC has been considering a shift away from mandatory quarterly reporting following renewed attention to the issue from policymakers. In particular, President Donald Trump publicly urged such a…