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The Latest from Clark Hill

Legal Updates

Nasdaq’s Proposed $5 Million MVLS Rule and NYSE American’s Proposed Listing Standard: A Structural Shift for Small-Cap Issuers

In January 2026, both Nasdaq and NYSE American proposed changes that, taken together, would materially reshape the listing landscape for smaller public companies. While each proposal addresses different stages of the listing lifecycle—continued listing for Nasdaq and initial listing for NYSE American—the combined effect signals a decisive move toward faster removal of thinly capitalized issuers and fewer remediation pathways.

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Legal Updates

March 2026 Visa Bulletin: Spring Forward!

Updates announced in the March 2026 Visa Bulletin indicate continued steady (and in some cases surprising) advancement of visa processing queues and relief from visa availability backlogs, especially in the employment-based second and third preference (EB-2 and EB-3) categories.

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Legal Updates

The Senate Armed Services Committee Held an Insightful Hearing on Rebuilding American Critical Minerals Supply Chains This Week

On Feb. 24, the Senate Armed Services Committee convened a hearing to confront the United States’ deepening reliance on China for critical minerals, a dependency both parties now view as a profound national security risk.

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Legal Updates

The Borrowed Servant Rule: Liability Risks for Contractors and Owners

Contractors – of all tiers – are often surprised to learn they may be considered a “special employer” of individuals who actually work for independent third parties—such as temporary staffing agencies or equipment rental companies—on their projects. Even more surprising, contractors (including owners who self-perform) can be held primarily responsible for the negligent acts or omissions of these third-party workers because of this “special employer” status. How can a contractor become primarily liable for someone they do not pay, do not withhold taxes for, do not provide benefits to, and who is officially employed by another company?

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