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22 May 2024, 4:03 am by Andrew Lavoott Bluestone
“Absent a confidential or fiduciary relationship, there is no duty to disclose, and meresilence, without identifying some act of deception, does not constitute a concealment actionable as fraud” (NYCTL 1999-1 Trust v 573 Jackson Ave. [read post]
21 May 2024, 9:01 pm by renholding
Key Takeaway Unlike the 2016 rules, the Final Rule does not contain a specific, representation-based exception from fiduciary advice for interactions with sophisticated counterparties like other advice fiduciaries. [read post]
In addition to careful monitoring of labeling claims, with this carve-out of the quality system exemption, records requirements do apply (in accordance with 21 CFR 820.186). [read post]
21 May 2024, 5:55 am by itars sis
Nevertheless, the AI Office’s role does not imply to verify or proceed to “a work-by-work assessment of the training data in terms of copyright compliance. [read post]
20 May 2024, 10:30 pm by Jesse Peters
Blogpost 27/2024 Transparency and environmental policy are two key issues in the upcoming European Parliament elections. [read post]
ASIC submitted the Notification Clause was unfair within the meaning of ss 12BF(1)(a) and 12BG(1) of the Australian Securities and Investments Commission Act 2001 (Cth) (ASIC Act) on the basis that it: imposed an unclear disclosure obligation on the insured; suggested that Auto & General had a broader right to refuse or reduce claims than permitted under the ASIC Act; and was liable to mislead or confuse insureds as to their rights and obligations under the contract. [read post]
20 May 2024, 8:32 am by Libbie Canter and Elizabeth Brim
  Once in effect, consumers will be able to report a violation of HB 21 to that office—HB 21 does not contain a private right of action. [read post]
20 May 2024, 6:26 am by Kevin LaCroix
In this section, I list some methodologies that (1) have been widely accepted, (2) can be implemented in a highly efficient manner, and (3) are highly informative for the initial economic assessment stage. [read post]
19 May 2024, 9:05 pm by The Regulatory Review
Nov 21, 2023 | Does Industry Self-Regulation of Mental Health Apps Protect Consumers? [read post]