Regulatory Update

Watchdog Report: 66% of Amicus Briefs Backing Exxon, Suncor Tied to Oil Money

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Watchdog Report: 66% of Amicus Briefs Backing Exxon, Suncor Tied to Oil Money

Los Angeles – September 16, 2026 -- Twenty-five of 38 organizations that filed Supreme Court briefs supporting ExxonMobil and Suncor in a pending climate-liability case have documented financial ties to fossil fuel defendants, the broader oil industry, or dark-money networks, according to a new investigation from Consumer Watchdog.

Consumer Watchdog Ties 66% of Amicus Filers to Fossil Fuel Funding Networks

The report, "A Field Guide to Fossil Fuel Front Groups: Coordinating a Supreme Court Campaign to Shield Big Oil," maps funding overlaps among groups backing Exxon and Suncor ahead of oral arguments set for October 5 in Suncor Energy Inc. v. Board of County Commissioners of Boulder County. The case will determine whether U.S. communities can use state law to hold fossil fuel companies liable for allegedly misleading the public on climate change and shifting climate-related costs onto taxpayers.

FP Markets Secures UAE CMA Category 5 License to Expand Gulf Presence

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FP Markets Secures UAE CMA Category 5 License to Expand Gulf Presence

Limassol – September 16, 2026 -- FP Markets, a multi-asset Forex and CFD broker founded in Australia, has obtained a Category 5 license from the United Arab Emirates' Capital Markets Authority (CMA), formerly known as the Securities and Commodities Authority (SCA), extending its global regulatory footprint into one of the world's fastest-growing financial hubs.

License holder FP Markets MENA Securities L.L.C. S.O.C. gains rights to market and onboard clients across the UAE

The license permits FP Markets to conduct marketing, promotion and client acquisition activities in Dubai and across all seven Emirates. The UAE has drawn a growing number of brokers, fintech firms and financial service providers seeking to operate under a more robust regulatory framework as they expand regional client bases.

Greenland Energy Discloses Share Structure Ahead of 80 Mile Takeover Bid

Denver – September 16, 2026 -- Greenland Energy Company (NASDAQ: GLND) has confirmed it holds 43,730,194 shares of common stock outstanding, with no treasury shares, as it moves forward with a potential offer for London-listed 80 Mile PLC (AIM: 80M).

Greenland Energy discloses full capital structure under UK takeover rules

The exploration-stage oil and gas company, based in Denver, issued the disclosure on September 16, 2026, one day after announcing its potential offer for 80 Mile. The filing confirms Greenland Energy's shares trade under ISIN US70580B1061, while 17,500,000 outstanding warrants, carrying a $5 strike price and expiring September 16, 2026, trade under ISIN US70580B1145.

NJ American Water Wins $68M Rate Hike, $79M PFAS Credit

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NJ American Water Wins $68M Rate Hike, $79M PFAS Credit

Camden, N.J. – – September 16, 2026 -- New Jersey American Water secured a $68 million annual revenue increase from the New Jersey Board of Public Utilities, funding more than $1.4 billion in infrastructure upgrades while a parallel PFAS settlement mechanism returns over $79 million to customers over the next year.

Regulator approves rate hike alongside PFAS credit to soften bill impact

The BPU-approved rates take effect September 16, 2026. Average residential water customers using roughly 5,700 gallons monthly will see bills rise by approximately $4, while wastewater-only customers face a similar $4 increase. Customers receiving both services will see a combined increase of nearly $8 per month.

US Pizza Box Makers Seek Duties on China, Malaysia, Turkey Imports

Washington – September 16, 2026 -- The American Pizza Boxes Manufacturers Coalition and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union filed petitions with the U.S. Department of Commerce and the U.S. International Trade Commission alleging that corrugated pizza box imports from China, Malaysia, and Turkey are sold at dumping margins as high as 568.50%.

Dumping margins reach triple digits across three countries
The petitions cite dumping rates ranging from 96.62% to 568.50% for Chinese producers, 110.73% for Malaysian producers, and 120.65% to 210.37% for Turkish producers. Turkish manufacturers additionally benefit from countervailable subsidies, including tax breaks and discounted raw materials from the Turkish government, plus cross-border subsidies attributed to the Russian government.

Securities Suits Set to Hit 236 in 2026 as AI-Washing Claims Surge

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Securities Suits Set to Hit 236 in 2026 as AI-Washing Claims Surge

New York – September 16, 2026 -- Federal securities class actions are on pace to reach roughly 236 filings in 2026, surpassing the prior peak set in 2023, after 118 new suits were lodged in the first half of the year, according to NERA Economic Consulting data cited by litigation attorney Thomas Przybylowski. The 2025 dip in filings and a 25 percent drop in plaintiffs' bar attorneys' fees masked a shift in legal targeting rather than a retreat, Przybylowski said.

Arena Energy Wins Nine Gulf of America Blocks in $80M BBG3 Sale

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Arena Energy Wins Nine Gulf of America Blocks in $80M BBG3 Sale

The Woodlands, Texas – September 15, 2026 -- Arena Energy, LLC was named apparent high bidder on nine Outer Continental Shelf blocks in the Gulf of America, covering more than 40,000 gross acres, following Lease Sale BBG3 held August 12, 2026, at the National WWII Museum in New Orleans.

Sale marks third of 30 mandated Gulf lease auctions under federal law

The auction, conducted by the Department of the Interior's Marine Minerals Administration, was the third of 30 Gulf of America lease sales required under the One Big Beautiful Bill Act. Sale-wide, the event generated more than $80 million in apparent high bids across 59 blocks spanning over 300,000 acres, with 16 companies submitting bids.

ICSID Tribunal Finds Mexico Violated International Law in Vulcan Dispute

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ICSID Tribunal Finds Mexico Violated International Law in Vulcan Dispute

Birmingham, Ala. – September 15, 2026 -- The International Centre for Settlement of Investment Disputes (ICSID) Tribunal has published a decision confirming that the Government of Mexico violated international law through its treatment of Vulcan Materials Company and its investments in Quintana Roo, contradicting Mexico's claims that its actions constituted legitimate environmental enforcement.

Tribunal rejects Mexico's environmental counterclaims as inadmissible

The ICSID panel declared Mexico's counterclaims of environmental harm inadmissible and found that Mexican environmental authorities improperly used regulatory powers to target Vulcan, shut down its lawful operations, and prevent the company from meaningfully defending itself in Mexican proceedings.

NYC Food Bank Warns SNAP Cost-Shift Could Cost City $700M by 2027

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NYC Food Bank Warns SNAP Cost-Shift Could Cost City $700M by 2027

New York – September 15, 2026 -- Food Bank For NYC, the largest hunger-relief organization in New York City, is urging Congress to delay a new federal SNAP cost-sharing mandate for two years and fully fund the Emergency Food Assistance Program (TEFAP), warning that unmitigated new costs could destabilize food access for millions of residents.

New SNAP cost-sharing rules take effect October 1 under the federal budget law H.R. 1

Provisions enacted in the One Big Beautiful Bill Act (OBBA), signed into law last year, require U.S. states to share SNAP program costs for the first time in the program's history. Starting October 1, New York State must cover a larger share of SNAP's administrative costs, adding an estimated $168 million in annual expenses for the state and $110 million annually for New York City.

PQM Endorses NKF Measure to Expand Annual CKD Testing

New York – September 15, 2026 -- The Partnership for Quality Measurement (PQM) has endorsed a National Kidney Foundation (NKF) quality measure that tracks annual kidney testing for adults with diabetes and/or high blood pressure, a move aimed at closing a diagnostic gap affecting an estimated 37 million U.S. adults with chronic kidney disease (CKD).

Measure tracks two annual tests for at-risk adults aged 18 to 85

The endorsed measure, Rate of Annual Kidney Health Evaluation Among Adults with Diabetes and/or Hypertension, monitors whether patients receive both an estimated glomerular filtration rate (eGFR) blood test and a urine albumin-creatinine ratio (uACR) test within a measurement year. The combination helps clinicians identify CKD and assess risk of disease progression and cardiovascular complications.