On April 21, Montana and Tennessee passed comprehensive bills in their respective state legislatures. Montana and Tennessee now join Indiana and Iowa this year to enact comprehensive state privacy laws....more
NFTs and the Enduring Allure of Digital Collectibles -
This is the first article of a series by Katten attorneys examining non-fungible tokens (NFTs) and various novel legal issues raised by NFTs, including in copyright...more
Utah Is the First State to Limit Teens Under 18 From Social Media Access -
Utah Gov. Spencer Cox (R) signed two bills on March 23 (SB 152 and HB 311) prohibiting children under the age of 18 from using social media between...more
On March 31, 2023, the Italian Data Protection Authority (Garante per la protezione dei dati personali) announced that it is temporarily blocking the artificial intelligence software ChatGPT as a result of rising concerns...more
On March 30, 2023, the California Privacy Protection Agency (CPPA) announced that its rulemaking package to implement the California Consumer Privacy Act of 2018 (CCPA), as amended by the California Privacy Rights Act of 2020...more
Iowa is now the sixth state in the U.S. to adopt a comprehensive privacy law that aims to give consumers more control over protecting their personal data.
Signed by Gov. Kim Reynolds (R) on Tuesday, Senate File 262 was...more
Gov. Spencer Cox signed two bills on March 23, 2023 (i.e. S.B. 152 and H.B. 311), prohibiting children under 18 from using social media between the hours of 10:30 p.m. and 6:30 a.m. and requiring age verification for anyone...more
Ever-Expanding BIPA Damages: Illinois Supreme Court Holds Each Collection or Dissemination of Biometric Data Constitutes a Separate Violation of BIPA -
In an eagerly-awaited decision in Cothron v. White Castle System,...more
3/22/2023
/ Biden Administration ,
Biometric Information ,
California Privacy Protection Agency (CPPA) ,
China ,
Cross-Border ,
Data Collection ,
Data Privacy ,
EU ,
Financial Industry Regulatory Authority (FINRA) ,
IL Supreme Court ,
Online Safety for Children ,
Personal Data ,
Securities and Exchange Commission (SEC) ,
Singapore
FINRA Updates its Sweep on Social Media Influencers, Customer Acquisition and Related Information Protection -
On February 28, the Financial Industry Regulatory Authority (FINRA) provided an update for its sweep on Social...more
On February 24, the Cyberspace Administration of China (CAC) released the final version of the Standard Contract Clauses for Cross-Border Transfer of Personal Information (the SCCs) and the Measures for the SCCs (the...more
SEC Announces Inspection Priorities for 2023 -
On February 7, the Securities and Exchange Commission (SEC) announced its inspection priorities for the current year. The announcement began by noting that the SEC examined 15...more
2/22/2023
/ Broker-Dealer ,
Disclosure Requirements ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
Fiduciary Duty ,
Fund Managers ,
Investment Adviser ,
Investors ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Whistleblowers
In a statement released on February 1, 2023, the European Union ("EU") and Singapore strengthened their cooperation as strategic partners. Following the announcement of a new Digital Partnership between the EU and Singapore....more
The California Privacy Protection Agency ("CPPA") Board unanimously voted 4-0 to finalize the proposed final California Privacy Rights Act ("CPRA") on February 3, 2022. The proposed final CPRA regulations were released on...more
At the State of the Union on February 7, President Biden reiterated the need to protect children online and address social media's mental health impact on children....more
Katten's Privacy, Data and Cybersecurity Quick Bytes is a monthly newsletter highlighting the latest news and legal developments involving privacy, data and cybersecurity issues across the globe.
...more
Identity theft and cybercrime are now a multi-billion dollar industry causing severe harm to the individuals affected and the institutions we trust. In recognition of this unfortunate truth and Identity Theft Awareness Week,...more
On December 13, 2022, the European Commission published its draft adequacy decision recognizing the essential equivalence of U.S. data protection standards, laying the foundations for finalization of the European Union...more
Welcome to the inaugural issue of Katten’s Privacy, Data and Cybersecurity Quick Bytes. Each month, Quick Bytes will highlight the latest news and legal developments involving privacy, data and cybersecurity issues across the...more
New DOL Rule Enables Consideration of ESG Factors in Investing, Plus the SEC Continues its ESG Enforcement Push in the Absence of Final SEC Rules -
On November 22, the US Department of Labor (DOL) announced a final rule...more
12/14/2022
/ Block Trades ,
Crypto Exchanges ,
Cryptoassets ,
Cybersecurity ,
Data Protection ,
Department of Labor (DOL) ,
Environmental Social & Governance (ESG) ,
Financial Industry Regulatory Authority (FINRA) ,
Investment Adviser ,
Personal Data ,
Private Investment Funds ,
Securities and Exchange Commission (SEC) ,
UK
Additional Requirements to Go Into Effect June 9, 2023 -
As we discussed in our March 3 Advisory, on October 27, 2021, the Federal Trade Commission (FTC) announced revisions (the 2021 Revisions) to its information...more
On November 14, 2022, Massachusetts residents Robert Wright and Johnny Kula filed a proposed class action lawsuit in the US District Court for the District of Massachusetts against the Massachusetts Department of Public...more
In the largest multistate privacy settlement in U.S. history, Google has agreed to a $391.5m settlement with 40 states in connection with an investigation into how Google tracked users' locations.
The investigation by the...more
SEC Advertising Rules – Client Resource Center -
November 4 was the compliance date for the new rule governing advertising and solicitation activities by investment advisers. The new rule substantially revises decades old...more
11/14/2022
/ Advertising ,
Cybersecurity ,
Electronic Communications ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
Human Resources Professionals ,
Investment Adviser ,
New York ,
Outsourcing ,
Pay Transparency ,
Recordkeeping Requirements ,
Securities and Exchange Commission (SEC) ,
WhatsApp
The New York Department of Financial Services (NYDFS) has published a proposal to amend its cybersecurity rules, which will require regulated companies to notify the NYDFS of a third-party cybersecurity incident within 72...more
SEC to Inspect Firms for Compliance With New Advertising and Solicitation Rule -
November 4 is the compliance date for the new rule governing advertising and solicitation activities by investment advisers. The new rule...more
10/13/2022
/ Advertising ,
B2B Transactions ,
Bribery ,
California Consumer Privacy Act (CCPA) ,
CFTC ,
Cryptoassets ,
Decentralized Autonomous Organization (DAO) ,
Energy Market ,
EU ,
Foreign Investment ,
Joint Audit Committee ,
National Security ,
Securities and Exchange Commission (SEC) ,
UK