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
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
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
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
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
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
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
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
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
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
8/2/2023
/ Cyber Attacks ,
Cyber Incident Reporting ,
Cybersecurity ,
Disclosure Requirements ,
Final Rules ,
Form 10-K ,
Form 8-K ,
Publicly-Traded Companies ,
Regulation S-K ,
Reporting Requirements ,
Risk Management ,
Securities and Exchange Commission (SEC)
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
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
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
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
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
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 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
1/23/2023
/ Automotive Industry ,
Capital Markets ,
Cryptocurrency ,
Energy Sector ,
EU ,
False Claims Act (FCA) ,
FDIC ,
Financial Services Industry ,
FinTech ,
Food and Drug Administration (FDA) ,
Life Sciences ,
Tax Credits
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
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
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
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
9/15/2022
/ Biometric Information ,
Computer Fraud and Abuse Act (CFAA) ,
Corporate Counsel ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Data Security ,
Federal Trade Commission (FTC) ,
General Data Protection Regulation (GDPR) ,
Personal Information Protection Law (PIPL) ,
Popular
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
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
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
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
8/24/2021
/ China ,
Corporate Counsel ,
Cybersecurity ,
Data Controller ,
Data Processors ,
Data Protection ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Personal Data ,
Personal Information ,
Popular ,
Regulatory Reform