Business and Securities Law Forum

The newsletter of the ISBA’s Section on Business and Securities Law

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2026 Articles

2025 Joint Midyear Meeting Photos February 2026 The Illinois State Bar Association and the Illinois Judges Association proudly co-hosted the 2025 Joint Midyear Meeting on December 11–12 at the JW Marriott Chicago, bringing members of the legal community together for two days of connection and collaboration.
Enhancements to the Wells Process in SEC Enforcement By Junaid Zubairi, Brooke Conner, & Paris Mayfield February 2026 Since assuming the top leadership role of the Securities and Exchange Commission in April 2025, Chairman Paul S. Atkins has focused on instituting various reforms and enhancements to the Commission’s policies and practices, with a focus on the role of the “Wells process” in enforcement matters, describing the Wells process as an extension of due process and fundamental constitutional rights.
Philip N. Hablutzel, 1935-2026 February 2026 In memory of Philip N. Hablutzel, a dedicated husband, father, and attorney who served in various capacities throughout his life. 
Securities Regulations By Christopher Barrett & Jordan Mulevicz McMath February 2026 On December 4, 2025, the Securities and Exchange Commission’s Investor Advisory Committee published its recommendation that the SEC consider adopting Artificial Intelligence disclosure rules, noting the benefits of a standardized “materiality-informed” disclosure framework that reflects the impact of AI on a company’s growth and financial results, as well as the barriers to and risks of adoption.