Alex Iftimie

Morrison & Foerster LLP

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SEC Delays Finalized Cyber Rules Until October 2023

Based on updates to its rulemaking agenda that were released last week, the U.S. Securities and Exchange Commission (SEC) has delayed approval of two cybersecurity rules until at least October 2023. Both proposed rules were...more

6/20/2023 / Corporate Counsel , Corporate Governance , Cybersecurity , Disclosure Requirements , Policies and Procedures , Publicly-Traded Companies , Registered Investment Advisors , Risk Management , Securities and Exchange Commission (SEC)

DOJ Clarifies Incentives for Voluntary Self-Disclosures of Export Control and Sanctions Violations

On December 13, 2019, the Department of Justice’s National Security Division (“NSD”) announced a revised policy to encourage voluntary self-disclosures (“VSDs”) of criminal violations of export control and sanctions laws. The...more

12/18/2019 / CFIUS , Corporate Counsel , Department of Justice (DOJ) , Export Controls , Financial Institutions , National Security , Self-Disclosure Requirements

CFIUS’s Axe to Grind: China’s Kunlun Forced to Divest Grindr on National Security Grounds

The Committee on Foreign Investment in the United States (CFIUS) is reportedly forcing Beijing Kunlun Tech Co. Ltd. (“Kunlun”) to divest Grindr LLC (“Grindr”), the dating app Kunlun acquired in 2016. Much of the popular press...more

4/2/2019 / CFIUS , China , Corporate Counsel , Data Protection , National Security , Social Media

DOJ Signals Once More that FARA Is an Enforcement Priority

In another indication of the U.S. Department of Justice’s increased focus on the Foreign Agents Registration Act (FARA), Assistant Attorney General John Demers announced that the Department is overhauling its FARA enforcement...more

3/8/2019 / Corporate Counsel , Department of Justice (DOJ) , Economic Sanctions , Enforcement Actions , Export Controls , Foreign Agents , National Security

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