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FCA Releases Discussion Paper Under MiFID II

The revised Markets in Financial Instruments Directive (“MiFID II”) came into force on 2 July 2014. It will have effect on 3 January 2017, reflecting the period required for European Union member states to transpose its...more

Privacy Advocates Critical of Federal Consumer Privacy Bill

Last month, the White House released a “discussion draft” of its proposed Consumer Privacy Bill of Rights of 2015, and so far it has received a cool reception. The bill recognizes that “[t]here is rapid growth in the...more

White House Issues Proposal for FTC-Regulated Data Privacy Protection

On February 27, 2015, the White House proposed legislation to protect consumers’ personal data and information that is collected and used by private companies and nonprofits. Federal and state governments and their agencies...more

White House Offers First Look at Consumer Privacy Legislation

President Obama continued his push for privacy legislation by recently unveiling a draft Consumer Privacy Bill of Rights Act (“Draft Bill”). To move forward, the Draft Bill must be sponsored by a member of Congress and is...more

President Obama’s Proposed Privacy Bill of Rights - Part 6: FTC Enforcement Powers

In this post, we look at the additional powers given to the Federal Trade Commission (FTC) to enforce the Consumer Privacy Bill of Rights (CPBR) and what it may mean for the agency that already enjoys significant authority to...more

FTC Commissioner Comments on Consumer Privacy Bill of Rights

Last week, we posted about the Consumer Privacy Bill of Rights “discussion draft” released by the Obama Administration. On Thursday, March 5, at the annual U.S. meeting of the International Association of Privacy...more

President Obama Proposes Consumer Privacy Bill of Rights

President Obama has finally revealed the text of draft legislation that would establish “baseline protections” for consumers under a proposed Consumer Privacy Bill of Rights. The bill would impose new legal requirements on...more

White House Releases Draft Privacy Bill

The White House released a discussion draft of the Consumer Privacy Bill of Rights Act of 2015. The Act is intended to establish baseline privacy protections for individuals in industries which are not currently regulated at...more

Alert: President Obama Issues Discussion Draft for Consumer Privacy Bill of Rights Act

On February 27, 2015, President Obama released a draft of a proposed Consumer Privacy Bill of Rights Act (Proposal). The Proposal aims to protect the privacy of individual consumers on the Internet by (a) establishing...more

Tax Reform – The Next Installment: Reforming the Taxation of Financial Instruments

After the fiscal cliff deal failed to include a framework for comprehensive tax reform, many in Washington predicted that the momentum for tax reform would wither away. Although Congress has many important issues on its...more

"House Ways and Means Committee’s Tax Reform Proposals for Financial Products"

On January 24, 2013, Rep. Dave Camp (R-Mich), the chairman of the House Ways and Means Committee, released a “discussion draft” of a bill relating to the taxation of derivatives and other financial products (the Discussion...more

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