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Searching Content indexed under Technology by Reed Smith ordered by Published Date Descending.
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1
Equifax Agrees To Enhanced Security And Privacy Measures And Will Pay States And The Consumer Financial Protection Bureau At Least $575 Million To Resolve Multistate Investigation Of 2017 Data Breach.
The recently announced multistate settlement between credit reporting company Equifax Inc. and the Attorneys General of 48 states, Puerto Rico, and the District of Columbia...
United States
29 Jul 2019
2
U.S. Securities And Exchange Commission Publishes Joint Statement On Broker-Dealer Custody Of Digital Asset Securities
The Joint Statement noted the Regulators' discussions with these industry participants have contributed to the Regulators' ever-evolving understanding of how certain federal securities laws and FINRA rules may affect or be applicable to those industry participants.
United States
18 Jul 2019
3
Financial Action Task Force Publishes Guidance For A Risk-Based Approach To Virtual Assets And Virtual Asset Service Providers
On June 21, 2019 the Financial Action Task Force (the "FATF"), published its long-awaited Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers (the "Guidance").
United States
8 Jul 2019
4
FTC And State Law Enforcement Officials Step Up Efforts Against Illegal Telemarketing
The Federal Trade Commission (FTC) announced a joint state-and-federal initiative, "Operation Call It Quits," which targets illegal telemarketing practices that violate the FTC's Telemarketing Sales Rule (TSR).
United States
5 Jul 2019
5
FTC Settlement And Warning Letters Over Cross-Border Personal Data Transfers
The Federal Trade Commission's (FTC) recently announced settlement with background check provider SecurTest, Inc. shows the agency remains vigilant regarding businesses'
United States
28 Jun 2019
6
FINRA Issues First Litigated Enforcement Action Against Crowdfunding Portal
On June 5, 2019, a FINRA panel handed down its first enforcement action against a funding portal.
United States
26 Jun 2019
7
Artificial Intelligence: The New Frontier For Assessing Insurance Coverage
U.S. and international businesses are accelerating their use of artificial intelligence (AI)[1] at an unprecedented rate
United States
18 Jun 2019
8
Comment Period Open For Proposed New CIP Reliability Standard Regulating The Transmission Of Data Between Control Centers
In a Notice of Proposed Rulemaking (NOPR) issued on April 18, 2019, the Federal Energy Regulatory Commission (FERC or Commission) requested comments (NOPR)
United States
18 Jun 2019
9
Artificial Intelligence Is No Threat To PMA Preemption
A week or so ago, Bloomberg Law published (behind a pay wall) an article entitled "Medical Device Makers May Risk Liability Following FDA Effort." The Bloomberg article relied upon the same FDA initiative
United States
10 Jun 2019
10
HHS Reexamines Prior Interpretation Of The Health Information Technology For Economic And Clinical Health Act's Penalty Structure
The U.S. Department of Health and Human Services ("HHS") filed a Notice of Enforcement Decision (the "Notice of Enforcement") on April 26, 2019
United States
15 May 2019
11
U.S. Lawmakers Propose Algorithmic Accountability Act
On April 10, 2019, U.S. lawmakers introduced the Algorithmic Accountability Act (the AAA). The bill is sponsored by U.S. Senators Ron Wyden (D-OR) and Cory Booker (D-NJ),
United States
10 May 2019
12
Not A Moonshot, But Not A Fizzle Either − FDA's Proposed Regulatory Framework For AI/Machine Learning Medical Devices Is A First Step Toward Total Product Lifecycle Regulation
If the promise of adaptive artificial intelligence (sometimes called "Machine Learning") is to be achieved in the medical area, FDA's regulation of medical devices is going to have to graduate from
United States
6 May 2019
13
SEC Releases Commentary Applying Howey Test To Digital Assets
On April 3, 2019, the U.S. Securities and Exchange Commission (SEC) took a first step toward providing greater clarity on the key question of how to evaluate whether transactions involving issuance or sales...
United States
23 Apr 2019
14
CFTC Technology Advisory Committee Discusses Automated Trading, Cryptocurrency, Cybersecurity, And Blockchain Technology
The Commodity Futures Trading Commission ("CFTC") held a public meeting of the Technology Advisory Committee ("TAC") on March 27, 2019.
United States
10 Apr 2019
15
Court Changes Course In Enforcement Action Against Cryptocurrency Company
The United States District Court for the Southern District of California recently changed course in an enforcement action brought by the U.S. Securities and Exchange Commission against cryptocurrency company Blockvest.
United States
22 Mar 2019
16
Ringgold II: Court Reverses Course On Preliminary Injunction Of Digital Token
The United States District Court for the Southern District of California previously denied the U.S. Securities and Exchange Commission's request for a preliminary injunction against Blockvest, LLC.
United States
22 Mar 2019
17
NERC Enforcement Of The Critical Infrastructure Protection Reliability Standards
On January 25, 2019, the North American Reliability Corporation (NERC) posted a Notice of Penalty describing a settlement agreement with a utility company over alleged violations
United States
27 Feb 2019
18
Risks And Considerations When Storing Crypto-Assets
Quadriga has been forced to stop trading on its platform, which has affected its ability to serve its customers.
United States
21 Feb 2019
19
President Prioritizes Research, Development, And Deployment Of Artificial Intelligence Technology
The President has made artificial intelligence technology a policy priority. On February 11, 2019, the President issued an Executive Order to direct most federal executive agencies
United States
19 Feb 2019
20
Lessons Learned – The Importance Of Governance And Regulatory Oversight In Storing Crypto Assets
Quadriga, Canada's largest cryptocurrency exchange, is unable to gain access to about $145 million (USD) of bitcoin and other digital assets following the sudden death of Gerald Cotten, its co-founder and CEO...
United States
12 Feb 2019
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