Author: Troy Keller

Troy is a Partner in Dorsey's Salt Lake City Office. Troy has nearly three decades of experience in corporate governance, securities, capital markets, M&A, joint ventures, and government and legislative affairs. Having worked both as external and internal legal counsel for a number of Fortune 500 companies, Troy brings the expertise and insights companies need to navigate today’s challenges and opportunities.

A Main Street Policy Discussion About IPOs

Earlier this month, we hosted a roundtable optimistically titled, “Bringing IPOs Back to Utah.” It was largely a local affair, with a mix of executives, trade association representatives, policymakers and investors. A main street crowd, but a savvy one.  Dorsey, KPMG, and Zions Bank provided perspectives from the legal, finance and accounting side. We were also quite fortunate to host...

The White House Executive Order on Integrating Financial Technology Innovation into Regulatory Frameworks — Also, is Fintech Geopolitical?

On May 19, the White House released a unique executive order outlining the Administration’s plan to promote fintech innovation. Given the complexity of existing financial regulatory frameworks, there is reason to be skeptical that this effort results in major changes in the short term. But in light of the broad directives, the banking and fintech communities should stay close to...

Tariffs Roundup

My colleagues published an excellent eUpdate on a number of trade developments this week. It’s been a lot, with USTR coming out with a slate of new 301 Tariffs following its investigation into forced labor related policies and practices, opening a new 301 investigation on intellectual property protection in Vietnam, adjustments to 232 duties and more. Here is a link...

Using AI to Analyze 600+ Tariff Comment Letters

Like many, I’ve found myself experimenting with AI to see if it would enable me to take on projects that are otherwise out of reach. I’ve had success in some narrow cases, but other times I’ve ended up in a rabbit hole to nowhere. My most recent project has landed somewhere in the middle. When USTR opened two Section 301...

Making IPOs Great Again

Securities & Exchange Commission (SEC) Chair Paul Atkins has been vocal about his desire to make IPOs great again. It would take a serious amount of rulemaking and potentially even statutory changes to reshuffle the mix of incentives and burdens that have inclined companies against going public in recent years. But if he is successful, even in part, there could...

The Season of the Sandbox

The concept of a regulatory sandbox is becoming a familiar one. When a recent White House executive order laid out a comprehensive legislative framework for artificial intelligence, it included a call for Congress to establish federal regulatory sandboxes, without any further explanation. Just a few years ago, such a request might have been met with a confused stare. Now, the...

More Quantum Policy

This article was written in collaboration with Dolly Chitta Ph.D. Dolly is founder of Curie Quantum and is Science and Innovation Advisor to the Nucleus Institute. In January, we made our first post on Quantum related policy. In a relatively short article, we summarized the totality of U.S. policy relating to Quantum initiatives and support over the last several years....

Massive New Section 301 Investigations Present Opportunity for Comment

In the wake of the Supreme Court’s February 20 decision striking down the authority of the United States Trade Representative to impose tariffs under IEEPA, USTR has been exploring other tariff authorities, including an immediate use of Section 122. It is now turning to its more traditional, investigative authorities, though to an unprecedented degree. On March 11, 2026 and then...

DOJ Announces Voluntary Self-Disclosure Policy

My colleagues have released an excellent update on the DOJ’s recently announced corporate enforcement and voluntary self-disclosure policy.  For a long time, the Department of Justice has encouraged self-disclosure, at times suggesting companies will be treated better if they do, but no guarantees. For the first time, they’ve formalized a policy, and companies should take note and be ready to seriously...

DOL Rulemaking has Broad Implications for the Gig Economy

On February 26, 2026, the Department of Labor (DOL) announced a Notice of Proposed Rulemaking regarding worker classification. It may feel like another policy swing from administration to administration. However, this proposal is the latest development in long-running debate with consequences for the gig economy and the employer-worker relationship. It is a debate that could be existential for some businesses....