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16 Mar 2023, 9:05 pm
SEC chair Gary Gensler noted that the “nature, scale, and impact of cybersecurity risks have grown significantly in recent decades,” and that these requirements would adapt existing legal protections to the challenges that digital stock transactions pose. [read post]
20 Mar 2024, 10:29 am
” Anticipating a trend, SEC Chairman Gary Gensler put out a video warning other companies about the risk of AI washing.💰 KPMG is coming for Big Law. [read post]
6 Aug 2024, 7:13 am
News Sources US government sues TikTok for allegedly violating children’s privacy law US DOJ files lawsuit against TikTok, ByteDance for failing on child privacy DOJ lawsuit: TikTok violated children’s online privacy law The Department of Justice Sued TikTok TikTok violated children’s privacy, allowed them to create accounts: DOJ suit Assisted by GAI and LLM Technologies Additional Reading China Tightens State Secrets Law Amid Rising Data Security Concerns Coinbase Battles SEC Over… [read post]
7 Aug 2024, 9:05 pm
SEC Chair Gary Gensler has likened staking rewards to yields from lending or interest-bearing securities, emphasizing the need for regulatory oversight to protect investors. [read post]
16 Jul 2024, 6:50 am
News Source Law firm Milberg skirts sanctions over fake claims in credit card fees case US judge’s financial conflict leads to revived lawsuit against big banks Engineering firms to pay $26.5 mln to exit antitrust lawsuit over wages Judge delays ban on noncompete agreements for small number of employers Appeals Court: Students Can Sue Over Fake College ICE Set Up Assisted by GAI and LLM Technologies Additional Reading Coinbase Battles SEC Over Access to Gary… [read post]
12 Jul 2024, 4:34 am
News Sources Sackler Family Risks Litigation After Supreme Court Rejects Purdue Pharma Settlement CMS moves to patch $3 billion fraud problem Judge won’t block Mississippi law on discounts for hospitals’ contract pharmacies AbbVie asks US Supreme Court to weigh protections for attorney records Purdue creditors seek approval to sue Sackler family members Assisted by GAI and LLM Technologies Additional Reading Coinbase Battles SEC Over Access to Gary Gensler’s… [read post]
12 Aug 2024, 4:27 am
Vance dossier was leaked Assisted by GAI and LLM Technologies Additional Reading China Tightens State Secrets Law Amid Rising Data Security Concerns Coinbase Battles SEC Over Access to Gary Gensler’s Private Communications Source: ComplexDiscovery OÜ The post The Imperative of Cybersecurity: Lessons from McLaren Health Care and Trump Campaign Attacks appeared first on ComplexDiscovery. [read post]
28 Jul 2024, 5:19 am
News Source What Advertisers Should Do Now: Google Reverses Decision To Eliminate Third-Party Cookies Google’s plan to turn off third-party cookies in Chrome is dying In reversal, Google keeps third-party cookies in Chrome browser Google Confirms Bad News For 3 Billion Chrome Users Google cancels plans to kill off cookies for advertisers Assisted by GAI and LLM Technologies Additional Reading Coinbase Battles SEC Over Access to Gary Gensler’s Private… [read post]
10 Jul 2024, 5:06 am
News Sources Justice Department probe of the rental industry has an Atlanta connection Looking for a fight: Tenants, union and Jersey City are taking on rent-hiking algorithm RealPage Bhalla Administration Drops Suit Over ‘Unconscionable’ Rent Hikes Zillow and RealPage Face Legal Challenges Amid Antitrust Concerns FBI issues alert on scam Mexican cartels use to con older Americans Assisted by GAI and LLM Technologies Additional Reading Coinbase Battles SEC Over Access to Gary… [read post]
14 Jul 2024, 12:00 pm
According to SEC Chair Gary Gensler in his statement supporting the Proposed Rule, “[s]uch harmonization would help reduce the risk of terrorists and other criminals accessing U.S. financial markets by using investment advisers to launder money, finance terrorism, or move funds for other illicit purposes. [read post]
3 Aug 2024, 3:55 am
News Source China ponders creating a national ‘cyberspace ID’ China rolls out strict new measures for government sector to protect state secrets China: Revised State Secrets Law Tightens Data Security China details expanded law on state secrets, eyeing data security Encrypted privacy for the public’s safety Assisted by GAI and LLM Technologies Additional Reading Coinbase Battles SEC Over Access to Gary Gensler’s Private Communications Evolve Bank Cyberattack… [read post]
11 Aug 2024, 4:40 am
DORA, explained European tech protectionism is grounding our flights Assisted by GAI and LLM Technologies Additional Reading China Tightens State Secrets Law Amid Rising Data Security Concerns Coinbase Battles SEC Over Access to Gary Gensler’s Private Communications Source: ComplexDiscovery OÜ The post Exploring DORA: Financial Sector Prepares for Comprehensive Digital Resilience appeared first on ComplexDiscovery. [read post]
4 Oct 2021, 2:32 pm
As I discussed in a post at the time (here), in August 2021 the SEC brought an cybersecurity-related disclosure enforcement action against UK educational publishing firm Pearson plc. [read post]
16 May 2023, 9:01 pm
SEC Chair Gary Gensler also noted that the Task Force would focus on truth in advertising in fund disclosures when using terms like “green” and “sustainable. [read post]
17 Nov 2021, 8:45 am
Rule Changes and New Leadership at the SEC 2021 brought a new Chair of the SEC, with the confirmation of Biden nominee Gary Gensler. [read post]
14 Aug 2022, 9:01 pm
” But other than Bitcoin and Ether, the SEC has never identified a digital asset that it believes is not a security, and current SEC Chair Gary Gensler, like former Chair Jay Clayton before him, have suggested that most digital assets are, actually, securities. [read post]
22 Apr 2021, 9:41 am
Vargas reminded committee members that newly sworn-in SEC Chair Gary Gensler had testified at his confirmation hearing that materiality of disclosures is ultimately up to investors. [read post]
11 Nov 2021, 8:40 am
SEC Chair Gary Gensler has raised questions about whether de-SPAC transactions are properly treated as merger business combinations, or if they should be more like IPOs, without the benefit of certain protections that apply in the merger context or for public companies like the Private Securities Litigation Reform Act (PSLRA).In particular, the SEC is focused on the level of care and diligence that the sponsors put into their examination of the target before they agreed to buy them… [read post]
19 Feb 2024, 9:01 pm
The Executive Order directs a number of federal departments and agencies to establish new standards for AI safety and security and lays the foundation for protecting various rights.[10] SEC Chairman Gary Gensler did not mince words in a recent interview with the Financial Times when he called a financial crisis within the next decade “nearly unavoidable” without “swift intervention” to regulate AI.[11] Local level regulation also is likely to expand, as… [read post]
23 May 2023, 9:05 pm
As senator Gary Peters – one of the authors of the Dodd-Frank Act – wrote to regulators including Gary Gensler and Jay Powell in March: Section 956 of Dodd-Frank was intended to require financial regulators to quickly and collaboratively issue rules requiring financial institutions to disclose any incentive-based executive compensation arrangements that encourage excessive risk-taking at financial institutions or that may lead to financial loss. [read post]
