There are five states with new comprehensive consumer privacy laws taking effect in 2023 — California, Virginia, Colorado, Utah and Connecticut. While businesses are well-advised to start their compliance efforts early, the lack of final implementing regulations from some states makes complete Continue Reading
Reuters Legal News | Understanding the Hunstein Decision’s Impact on Debt Collection
An 11th U.S. Circuit Court of Appeals case has left the debt collection world on pins and needles for a year wondering if a ministerial part of their business practice was suddenly a violation of the Fair Debt Collection Practices Act (FDCPA). For years, it was common practice to share consumer debt Continue Reading
Reuters Legal News | Repurchase Agreement Redux: Mortgage Loan Originator Bankruptcies Are Back
The reasons may be different, but mortgage loan originator bankruptcies are making headlines for the first time since the run-up to the 2008 financial crisis. Climbing interest rates on top of high home values have resulted in a sharp drop in origination volume on the heels of rapid growth and Continue Reading
AdExchanger | Measurement Is At Stake When CPRA Takes Effect
The digital media industry has been absorbing punches to its business model under the guise of privacy. Privacy advocates, including regulators and lawmakers, indiscriminately throw around the term “surveillance advertising” without acknowledging the many benefits of data-driven advertising to Continue Reading
Reuters Legal News | Federal Data Privacy Legislation: Differences With State Laws Raise Preemption Issues
For over two years now businesses have been dealing with the complexities of compliance with the California Consumer Privacy Act (CCPA); the nation’s first comprehensive consumer privacy law. Compliance became more complex with the enactment of comprehensive consumer privacy laws in Virginia, Continue Reading
Reuters Legal News | How Companies Can Manage the Risks in Handling Alternative Credit Data
Alternative data, such as bank account/cash flow, rental payment history, professional licensing or education information, along with machine learning and artificial intelligence, are available to help gauge credit risk more accurately. But the use of alternative data carries particular legal risks. Continue Reading
Employee Relations Law Journal | Are Brokerage Windows Broken? Cryptocurrency Release Creates Concern for Plan Fiduciaries
In aware of firms marketing investments in cryptocurrencies to 401(k) recent months, the U.S. Department of Labor (“DOL”) has become plans as potential investment options for plan participants. In response to these concerns, the DOL issued Compliance Assistance Release 2022-01 (the “Release”). The Continue Reading
Law360 | Watching The Legal Sports Betting Ecosystem Take Shape
When the U.S. Supreme Court found in its 2018 Murphy v. NCAA decision that the Professional and Amateur Sports Protection Act of 1992 was unconstitutional, it cleared the way for states across the country to legalize sports betting. Continue Reading
AdExchanger | Utah’s And Connecticut’s Privacy Laws May Not Be That Different From The CDPA, CPRA And CPA – But Are You Ready?
California, Virginia and Colorado were just the beginning. Soon, the ad tech community will have even more state privacy laws to keep tabs on. On December 31, 2023, the Utah Consumer Privacy Act (UCPA) will go into effect, while the Connecticut Data Privacy Act is set to take effect on July 1, Continue Reading
Employee Relations Law Journal | Qualified Plan Mistakes Happen: What Plan Sponsors Do Next Is What Matters Most
The Internal Revenue Service (“IRS”) is very much aware that plan sponsors of tax-qualified retirement plans (such as 401(k) plans) make mistakes in plan administration. The types of mistakes are varied and numerous. For example, a plan sponsor may neglect to enroll an eligible employee in their Continue Reading