Newsletters

10.25.18

Website Needs Privacy, Sweepstakes Tweaks, CARU Recommends

A coding website directed to kids should modify its privacy practices and include the odds of winning a sweepstakes in a disclosure in order to achieve compliance with both the Children’s Online Privacy Protection Act (COPPA) and the Self-Regulatory Program for Children’s Advertising, ...


10.24.18

The Midterm Elections’ Potential Impact on Healthcare

As Election Day approaches, the outcomes of many federal and state races remain unclear, with the future of health reform hanging in the balance.


10.24.18

Employee Requests for Time Off to Vote

With Election Day fast approaching, employers may be confronted with—and, pursuant to certain state laws, are often required to grant—employee requests to take time off to vote.


10.24.18

A Need for Speed: FRB Considers Options for Faster Payments

In an effort to facilitate real-time interbank settlement of faster payments, the Federal Reserve Board (FRB) is asking for input from industry stakeholders on the best options.


10.24.18

Federal Banking Agencies Encourage BSA/AML Collaboration

Community banks and smaller financial institutions take note: The five federal banking agencies are encouraging banks and credit unions to enter into collaborative arrangements to share resources to more effectively and efficiently manage their Bank Secrecy Act/anti-money laundering (BSA/AML) ...


10.24.18

CFPB News: ‘Regulation by Enforcement’ Over, Other CFPB Updates

To no one’s surprise, Bureau of Consumer Financial Protection (CFPB or Bureau) acting director Mick Mulvaney declared regulation by enforcement dead.


10.24.18

Insurance Won’t Cover Disgorgement Payment, NY Appellate Court Rules

Applying a U.S. Supreme Court decision in the context of insurance coverage for a bank, a New York appellate court ruled that the amounts paid to the Securities and Exchange Commission (SEC) as disgorgement under a cease and desist order issued by the SEC were a “penalty” for which ...


10.24.18

Latest State Action: Washington AG Sues Debt Collectors

Demonstrating heightened enforcement efforts by some state regulators, Washington Attorney General Bob Ferguson filed suit against a pair of debt collection companies and their owner, asserting the defendants were operating without a license in violation of state law.


10.24.18

New Pilot Program Regulations Expand CFIUS’ Reach

On October 10, 2018, the Department of the Treasury issued a set of interim regulations (31 C.F.R. Part 801) to implement certain provisions of the Foreign Investment Risk Review Modernization Act (FIRRMA), signed into law by President Trump on August 13, 2018.


10.24.18

Correcting Inventorship in Pending Application Cannot Be Done in District Court

In Pappalardo v. Stevins, the Federal Circuit affirmed the dismissal of a declaratory judgment action filed in federal court by a person requesting to be named the sole inventor on a pending patent application, ruling that such an action could not be filed until after a patent is issued from the ...