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Customer Accounts

Houston Harbaugh, P.C.

Ryanair Wins Jury Verdict Against Booking.Com Per the Computer Fraud and Abuse Act (CFAA)

Ryanair recently prevailed in a jury trial in Delaware Federal District Court when the jury determined that Booking.Com B.V. violated the U.S. Computer Fraud and Abuse Act (CFAA) by engaging in "screen scraping" of data...more

A&O Shearman

SEC Brings Its First Regulation Best Interest Enforcement Action

A&O Shearman on

On June 15, 2022, the Securities and Exchange Commission (“SEC”) filed a complaint in the U.S. District Court for the Central District of California against registered broker-dealer Western International Securities, Inc....more

Morgan Lewis

FINRA Proposes Amendments to Customer Account Statement Requirements

Morgan Lewis on

The US Securities and Exchange Commission (SEC) published for comment on September 30 a proposed rule change by the Financial Industry Regulatory Authority (FINRA) that would amend FINRA Rule 2231—the customer account...more

Faegre Drinker Biddle & Reath LLP

Dunkin’ Brands, Inc. Agrees to Pay $650,000 to Settle 2019 Data Breach Lawsuit Brought by the New York Attorney General’s Office

On September 15, 2020, the New York Attorney General’s Office (NYAG) announced a settlement with Dunkin’ Brands, Inc. (Dunkin) in connection with a September 2019 lawsuit brought by the NYAG against Dunkin for alleged...more

Society of Corporate Compliance and Ethics...

Data breach at cosmetics firm Avon compromises 19 million customer records

Report on Supply Chain Compliance 3, no. 16 (August 20, 2020) - Avon, a popular cosmetics company that sells door to door and online, experienced a data breach caused most likely by ransomware employed by a known hacker...more

Eversheds Sutherland (US) LLP

Regulation Best Interest Videocast Series: Account Monitoring Post-Regulation BI

Recent SEC rulemaking and guidance heightened retail broker-dealer and investment adviser investment recommendation and advice standards and created certain compliance obligations with respect to account monitoring. Firms...more

Eversheds Sutherland (US) LLP

Regulation Best Interest Videocast Series: Regulation BI Recordkeeping Requirements

The SEC’s new Regulation Best Interest imposes additional recordkeeping requirements on broker-dealers. These additional recordkeeping requirements will need to capture all information collected from and provided to retail...more

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