On May 16, the U.S. Securities and Exchange Commission (“SEC”) adopted amendments to Regulation S-P, which implements the Gramm-Leach Bliley Act (“GLBA”) for SEC-regulated entities such as broker-dealers, investment companies, registered investment advisers, and transfer agents.
Among other requirements, the amendments require SEC-regulated entities to adopt written policies and procedures
Continue Reading SEC Adopts Amendments to Regulation S-POn October 10, 2023, California Governor Gavin Newsom signed S.B. 362, the Delete Act (the “Act”), into law. The new law represents a substantive overhaul of California’s existing data broker statute, which requires data brokers to register with the California Attorney General annually. The passage of the Act follows
Continue Reading California Amends Data Broker LawToday, the California Attorney General announced the first settlement agreement under the California Consumer Privacy Act (“CCPA”). The Attorney General alleged that online retailer Sephora, Inc. failed to disclose to consumers that it was selling their information and failed to process user requests to opt out of sale via user-enabled
Continue Reading California Attorney General Announces First CCPA Settlement