We may now have more clarity on what the California Consumer Privacy Act (the “CCPA”) will look like when it goes into effect on January 1, 2020. The California Assembly’s Committee on Privacy and Consumer Protection approved a series of bills last week that will now advance to the Appropriations Committee before being put to […]
Privacy & Cyber Regulatory Enforcement
Washington Privacy Bill Fails to Advance through House; Unlikely to Pass
The Washington Privacy Act (WPA) failed to make it through the house before April 17, the last day to consider non-budget policy bills in the Washington legislature. Despite passing through the senate with overwhelming support (as previously reported), the WPA stalled in the house due to differences between the senate and house bills. As a […]
Spring Legislative Update: Two New Laws and Two Amendments
Legislative and regulatory activity continues apace, with four states making changes to their data privacy and cybersecurity legislation in the past month alone. West Virginia and Mississippi enacted new legislation while Virginia and Utah amended their existing data breach notification laws. Virginia On March 18, 2019, Virginia amended its data breach notification statute. (VA HB […]
Privacy for All and Employees Excluded: Amendments to the CCPA That Have Traction
When first introduced on February 22, 2019, AB 1760 aimed to merely fix a few typographical errors in the California Consumer Privacy Act of 2018 (the “CCPA”). However, when AB 1760 was first amended on April 4, 2019, the bill turned into a wholesale replacement of the CCPA with the “Privacy For All Act of […]
SEC Issues Risk Alert Noting Common Regulation S-P Compliance Issues
The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) has issued a Risk Alert that provides an overview of the most common deficiencies or weaknesses in investment adviser and broker-dealer compliance with the Safeguards Rule, Regulation S-P, based on recent examinations. Placed in context with prior OCIE Risk Alerts concerning cybersecurity practices and Regulation S-P […]