In a long anticipated development, on August 24 California Attorney General Rob Bonta ("Cal AG") announced the state's first monetary penalty under the California Consumer Privacy Act ("CCPA"), in a settlement with the beauty...more
On August 2, in its first ever cryptocurrency enforcement action, the New York State Department of Financial Services ("NYDFS") announced it had imposed a $30 million fine on Robinhood Crypto, LLC ("RHC") for failures in its...more
8/15/2022
/ Bank Secrecy Act ,
BSA/AML ,
Business Licenses ,
Consent Order ,
Cryptocurrency ,
Enforcement Actions ,
New York ,
Noncompliance ,
Notice Requirements ,
NYDFS ,
Regulatory Violations ,
State and Local Government ,
Virtual Currency
In the past few years, cybersecurity has taken on increasing importance in the eyes of lawmakers and regulators. Traditionally, cybersecurity compliance that is tied to the protection of personal information generally has...more
9/10/2020
/ Corporate Counsel ,
Cybersecurity ,
Cybersecurity Framework ,
Data Protection ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
FTC Act ,
LabMD ,
NYDFS ,
Popular ,
Regulatory Standards