The California Consumer Privacy Act (CCPA) is one of the most consequential data privacy laws passed to date in the U.S. and will require significant changes to the way many U.S. companies manage the personal information of their customers. The CCPA may apply to businesses even if they do not have a physical presence in California if they meet certain requirements, such as having 50,000 customers based in the state. Failure to comply with the CCPA when it enters into force in 2020 could result in costly fines or private lawsuits.
Heather Middleton will be a featured panelist on Fri., Feb. 22 in a CLE Webinar program, “Trends, Developments and Updates in Broker-Dealer Regulation: What to Expect in 2019 and Beyond.”
Murphy & McGonigle Securities Arbitration attorneys Theodore Snyder and Heather Middleton recently secured a victory for client Jefferies in a FINRA arbitration brought by a hedge fund suing for $4.5 million in alleged damages.
After the GDPR, comes the CCPA. The California Consumer Privacy Act – or CCPA – will become effective in 2020. The law will mark the first iteration of data privacy rules in the United States, following the European Union’s adoption of the GDPR last year.
Murphy & McGonigle, the financial services and regulatory law firm, today released its Blockchain Litigation: 2018 Year in Review Report. Based on proprietary data the firm has collected from its Blockchain Litigation Database, the Report identifies six trends that have clearly emerged as blockchain and cryptocurrencies move closer to the mainstream.
The Second Circuit on Wednesday affirmed the dismissal of U.S. Bank National Association’s allegations that GreenPoint Mortgage Funding Inc. misrepresented the quality of residential mortgage-backed securities it sold, saying the allegations were brought too late.