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The Framework of a Strong Family Office Cybersecurity Strategy

Cybersecurity is a critical element of effective family office operations management, yet many family offices need to further prepare for the range of cybersecurity threats they may face. Family offices manage significant...more

EU AI Act Compliance: 10 Key Steps for Providers and Deployers of AI Systems

The European Union’s new AI Act (the Act) went into efect on 1 August 2024. The Act is the first-ever comprehensive law focused on artifcial intelligence and machine learning (collectively, AI). The Act impacts many...more

SEC Releases Interpretations on Ransomware Attacks and Payment Disclosures

The US Securities and Exchange Commission (SEC), Division of Corporation Finance on June 24, 2024 issued five Compliance and Disclosure Interpretations (C&DIs) on its website to address questions raised by its requirement for...more

SEC’s New Data Breach Requirement Increases Obligations for Financial Services Companies

The US Securities and Exchange Commission has adopted amendments to Regulation S-P requiring entities under its remit to provide notice to individuals affected by certain types of data breaches. This adds yet another...more

Privacy and Data Security: Key Developments from the FCC, FTC, and Capitol Hill

Technological advancements and cyber threats are keeping privacy and data security issues at the forefront of lawmaker and regulatory agency agendas on “the Hill,” in particular the US Federal Communications Commission (FCC),...more

FTC Settlements Provide Updated Guidance on Collection or Use of Geolocation Data

The Federal Trade Commission (FTC) recently reached two settlements in actions against data brokers concerning their use of consumer location data and banning them from collecting, using, or selling consumer location data...more

2023 Tech & Sourcing Summit: A Summary

On October 25, the Morgan Lewis technology transactions, outsourcing, and commercial contracts team filled a room in New York with representatives from various industries who were looking to engage in interactive discussions...more

Navigating the Evolving Landscape of State Consumer Privacy Laws

With the flurry of new consumer privacy laws enacted in states across the country, it is vital for companies operating in multiple states to remain informed of this changing landscape in order to plan and execute their...more

Navigating The Global Data Privacy Landscape: What Multinational Corporations Should Consider When Doing Business

The ever-evolving data privacy landscape continues to become more complex as new developments play out on the global stage. In the United States, a number of individual state laws have come into force, with more following in...more

SEC Adopts Rules on Mandatory Cybersecurity Disclosures

The US Securities and Exchange Commission (SEC) adopted on July 26, 2023 final rules and amendments for mandating disclosure regarding cybersecurity risk management, strategy, governance, and incident reporting, including...more

Could a Federal Law Be on the Horizon?

Despite the business community’s interest in an all-encompassing federal data privacy law, such a development remains elusive. US legislators have periodically introduced bills that would establish a federal data privacy law,...more

No Leniency for Marketplaces Says FTC: INFORM Consumers Act Takes Effect June 27

The Federal Trade Commission (FTC) has signaled its plans to move swiftly and vigorously against online marketplaces that are not compliance ready for the Integrity, Notification, and Fairness in Online Market Retail...more

Proposed New York Law Seeks Stricter Electronic Marketplace Liability - Retail Did You Know?

Bill S6437, a bill making its way through the New York State Senate, would purport to place electronic marketplace providers on the same footing as retailers for purposes of New York’s strict liability law. While the law...more

FTC Makes It Easier to Say No with Proposed Rule to Limit Negative Option Marketing

The US Federal Trade Commission (FTC or Commission) proposes expanding the Negative Option Rule to all subscription agreements. The FTC, in a 3-1 vote with Commissioner Christine S. Wilson (R) dissenting, published a notice...more

Regulatory Scrutiny of the Buy Now, Pay Later Industry

Since 2019, “buy now, pay later” (BNPL) loans have been a popular option among consumers and retailers alike. In the last few years, however, the BNPL industry has undergone explosive growth due, in large part, to increased...more

INFORM Act Imposes New Due Diligence Rules to Protect Consumers

The INFORM ACT represents a legislative effort to protect consumers from unknowingly purchasing stolen, counterfeit, or unsafe consumer products from online sellers. With a June 27, 2023 compliance deadline, operators of...more

The Trends—and Traps—that Will Shape 2023

The last few years have thrown many surprises at businesses. Organizations across all sectors have faced inflation, global conflicts, supply chain challenges, a pandemic, and continually changing government policies. In 2023,...more

CPSC to Industry: Get Ready for More – More Penalties, More Litigation, More Regulation

The US Consumer Product Safety Commission (CPSC) will take a hard and fast approach to product safety in FY23, according to its recently passed operating plan, with enforcement being at the top of its priority list....more

California ‘Pink Tax’ Law Prohibits Gender-Based Pricing of Consumer Products

Dear Retail Clients and Friends: Starting January 1, 2023, a new law in California will prohibit higher prices for products marketed to a particular gender. The law specifically takes aim at higher prices on products...more

California Consumer Privacy Act: Employee and B2B Exemptions Expire January 1, 2023

The California Consumer Privacy Act (CCPA) exemptions for employee and business-to-business (B2B) personal information have not been extended, further complicating the privacy regulatory landscape for businesses in...more

Data Privacy: Evolving Updates to the Global Landscape

World events, such as the COVID-19 pandemic, have accelerated the need for business operations to grow more digitally reliant and driven. As the global network grows and becomes more interconnected, privacy and...more

US Announces New Restrictions on Export of Luxury Goods to Russia

Dear Retail Clients and Friends, President Joseph Biden issued Executive Order 14068 on March 11 expanding prohibitions on trade with Russia and announcing new restrictions on Russian imports, exports, and...more

SEC Proposes Cybersecurity Risk Management Rules for Advisers and Funds

The US Securities and Exchange Commission (SEC) recently proposed a comprehensive framework of cybersecurity-related rules and amendments for investment advisers and investment companies. Although advisers and funds may have...more

FTC Settles Consumer Review Charges against Fashion Nova and Signals More Action to Come - Retail Did You Know?

The US Federal Trade Commission (FTC) has settled charges brought against Fashion Nova, LLC (Fashion Nova) under Section 5(a) of the FTC Act for failure to publish negative product reviews on its website. This edition of...more

Personal Information Protection Law: China’s GDPR Is Coming

China’s long-awaited Personal Information Protection Law (PIPL), after two rounds of draft versions, was finally passed by the Standing Committee of the National People's Congress on August 20, 2021, with the law effective...more

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