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Pillsbury - Global Sourcing Practice

California Legislature Passes Generative AI Training Data Transparency Bill

The California legislature recently passed Assembly Bill 2013 (AB 2013) on August 27, 2024, a measure aimed at enhancing transparency in AI training and development. If signed into law by Governor Gavin Newsom, developers of...more

Robinson & Cole LLP

Legal Update: Massachusetts Enacts Pay-Transparency and Reporting Requirements for Employers

Robinson & Cole LLP on

On July 31, 2024, Massachusetts became the latest state to pass a pay transparency law, titled the “Frances Perkins Workplace Equity Act” (the Act), joining four states and numerous municipalities that have enacted similar...more

Foley Hoag LLP

Massachusetts Enacts New Wage Disclosure Requirements for Employers

Foley Hoag LLP on

On July 31, 2024, Massachusetts Governor Maura Healy, in an effort to increase transparency in pay, signed into law wage equity legislation that imposes new disclosure requirements on Massachusetts-based employers. The...more

Lerch, Early & Brewer

Client Alert: 14 Things Employers Need to Know About Maryland’s Expanded Wage Transparency Law

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Maryland Governor Wes Moore signed a new law which increases the scope of the pay transparency laws current in effect in Maryland. ...more

Manatt, Phelps & Phillips, LLP

More States Enact Pay Transparency Laws

Maryland, Minnesota and Vermont join the growing list of states enacting and expanding pay transparency requirements. In May, Minnesota Governor Tim Walz signed a bill that requires employers with 30 or more employees in...more

Mintz

Environmental Groups Drop Challenge to SEC Climate Disclosure Rule

Mintz on

When the SEC announced its mandatory climate disclosure rule on March 6, 2024, this regulation was immediately challenged by parties on both ends of the political spectrum. A number of states, fossil fuel companies, and...more

Baker Donelson

[Webinar] New Privacy and Cybersecurity Regulations: What Financial Institutions Need to Know to Stay Compliant - June 13th, 10:00...

Baker Donelson on

The financial services industry has seen a litany of new data privacy and cybersecurity challenges through the first half of 2024. Financial institutions are facing unprecedented compliance hurdles resulting from the...more

Stinson LLP

Minnesota Pay Transparency Requirements Signed into Law

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Certain Minnesota employers will be required to disclose starting salary ranges, or a fixed pay rate, in all job postings beginning January 1, 2025. This new requirement, signed into law by Governor Tim Walz on May 17, 2024,...more

Davis Wright Tremaine LLP

Mile-High Risk: Colorado Enacts Risk-Based AI Regulation to Address Algorithmic Discrimination

On May 17, Colorado Governor Jared Polis signed into law the Colorado Artificial Intelligence Act (SB 205)("CAIA"), a measure passed out of the legislature on May 8 and now scheduled to become effective February 1, 2026. The...more

Lerch, Early & Brewer

2024 Maryland Community Associations Legislative Update

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The Maryland General Assembly’s 2024 legislative session saw over 1,400 House Bills and 1,100 Senate Bills introduced, with several new laws passing that will affect community associations beginning on October 1, 2024....more

Polsinelli

Maryland Joins Trend Requiring Salary and Wage Disclosures in Job Listings

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Effective October 1, 2024, Maryland will become the sixth state (plus the District of Columbia), to require that employers provide an upfront disclosure of the wage or salary range for open positions in job listings. The new...more

Holland & Knight LLP

New Guidance Issued on Financial Value Transparency and Gainful Employment Regulations

Holland & Knight LLP on

The U.S. Department of Education (Department) released an important update and reminder regarding new Financial Value Transparency (FVT) and Gainful Employment (GE) regulations that take effect on July 1, 2024. The...more

Pillsbury Winthrop Shaw Pittman LLP

SEC Adopts Long-Anticipated Rules for SPACs: Considerations for Market Participants and SEC Enforcement Objectives in the New...

The rules, originally proposed in March 2022, realign disclosures, marketing practices and other obligations in de-SPAC transactions more closely with traditional IPOs and add increased risk and uncertainty for market...more

Gardner Law

CCPA Regulations to Take Effect Immediately

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An appellate court recently ruled that the California Privacy Protection Agency’s regulations issued under the state’s California Consumer Privacy Act (”CCPA”) will take effect immediately. These regulations have been...more

McDonnell Boehnen Hulbert & Berghoff LLP

Mapping the Future: The Rise of State-Level AI Regulation in the United States

Currently in the United States, few state-based regulations specifically target machine learning and artificial intelligence (AI) models. However, the recent rise of powerful generative AI programs like ChatGPT, Dall-E,...more

J.S. Held

2024 J.S. Held Global Risk Report: Weather and Natural Disasters

J.S. Held on

The growing frequency and ferocity of major weather events and natural disasters have pushed the climate change discussion to the forefront of governments and businesses. Droughts, floods, wildfires, earthquakes, and volcanic...more

Sullivan & Worcester

2024 Investment Adviser Regulatory and Compliance Annual Letter

Sullivan & Worcester on

In 2024, investment advisers – those registered with the U.S. Securities and Exchange Commission (SEC) and those that file notices as exempt reporting advisers - will continue to feel the impact of the SEC’s recent rule...more

A&O Shearman

What UK readers could not get enough of in 2023 the top five blog posts revealed

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2023 saw a raft of UK law reforms concerning economic crime and continued scrutiny of business risk concerning human rights and greenwashing. This is reflected in the blogs our subscribers were most interested in reading in...more

Nelson Mullins Riley & Scarborough LLP

[Webinar] Creating a Data Privacy & Security Playbook for 2024: An Overview of Compliance and Regulations, AI, and Data Breach...

Nelson Mullins invites you to the two-day webinar, Creating a Data Privacy & Security Playbook for 2024: An Overview of Compliance and Regulations, AI, and Data Breach Concerns, on Feb. 7 and 8 in honor of Privacy Day...more

A&O Shearman

UK regulators expectations on governance and DI within financial services firms

A&O Shearman on

The recent proposals from the UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) on diversity and inclusion (D&I) include proposals in respect of governance and oversight within in-scope firms....more

A&O Shearman

D&I as a non-financial risk: considerations for control functions

A&O Shearman on

Proposals from the UK financial regulators aimed at improving diversity and inclusion (D&I) in the UK financial services sector include an explicit expectation for all in-scope firms to consider a lack of D&I as a...more

Ballard Spahr LLP

California federal district court grants summary judgment for DFPI in lawsuit challenging state’s regulations requiring...

Ballard Spahr LLP on

A California federal district court recently granted the motion for summary judgment filed by the California Department of Financial Protection and Innovation (DFPI) in the lawsuit filed by an advocacy organization seeking to...more

Epstein Becker & Green

The FTC Amends Safeguards Rule to Require Non-Banking Financial Institutions to Disclose Certain Security and Data Breaches

Epstein Becker & Green on

On October 27, 2023, the Federal Trade Commission (“FTC”) approved an amendment to the Safeguards Rule that requires non-banking financial institutions (e.g., mortgage companies, mortgage brokers, and creditors) to notify the...more

A&O Shearman

Tracking and improving inclusion in financial services: practical challenges and how to navigate them

A&O Shearman on

The latest UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) proposals for improving diversity and inclusion in financial services include requiring firms to report on six new inclusion metrics....more

A&O Shearman

D&I in financial services: UK proposals for mandatory data reporting and public disclosure

A&O Shearman on

Post six in our blog series on the UK Financial Conduct Authority and Prudential Regulation Authority proposals to improve diversity and inclusion (D&I) in UK financial services considers the D&I data firms would be required...more

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