The U.S. Securities and Exchange Commission (SEC) has initiated steps to tighten regulations for foreign companies listed on American stock markets, with a particular focus on Chinese firms that have benefited from less stringent disclosure requirements. The SEC has requested public comments on redefining the criteria for foreign private issuer (FPI) status, a classification last amended in 2003, amid notable changes in the composition of foreign issuers. Potential modifications to FPI eligibility could reduce the number of foreign companies qualifying for this status, thereby subjecting them to stricter reporting standards. Separately, a U.S. judicial panel has proposed increased transparency regarding the funding sources of friend-of-the-court briefs submitted by advocacy groups and is advancing the federal judiciary's first nationwide regulation concerning artificial intelligence use in courts.