Category Archives: FTC

Regulators Step Up Scrutiny of Cryptocurrency Advertising as Industry Stance Softens

We posted earlier this year about increased scrutiny of cryptocurrency advertising, especially the promotion of Initial Coin Offerings, or ICOs.  The key takeaway from that post was that the frenzy around cryptocurrencies – including as an investment opportunity for individuals who aren’t otherwise active investors – has led to a number of efforts to curtail cryptocurrency promotion, from both regulators and industry stakeholders.… More

Whither the Privacy Shield?

The EU-US Privacy Shield, a framework that allows companies to transfer personal data from the EU to the US in compliance with the GDPR, has been under fire for not providing adequate protection to EU citizens.  As Foley noted in 2017, the EU’s Article 29 Working Party (now the European Data Protection Board) identified “a number of significant concerns” with the Privacy Shield in the Working Party’s First Annual Joint Review,… More

11th Circuit Issues LabMD Decision, and Wants More Specificity

The long-anticipated decision in LabMD v. FTC has finally arrived. The 11th Circuit held that the FTC’s cease-and-desist order against LabMD is unenforceable:

In sum, assuming arguendo that LabMD’s negligent failure to implement and maintain a reasonable data-security program constituted an unfair act or practice under Section 5(a), the Commission’s cease and desist order is nonetheless unenforceable. It does not enjoin a specific act or practice.… More