Perhaps in the spirit of the saying “if you can’t beat them, join them,” the Securities and Exchange Commission recently launched an initial coin offering website of its own – HoweyCoins.com. No, the SEC has not suddenly decided to join the coin offering craze. But the Office of Investor Education and Advocacy has launched this new mock site to illustrate the dangers of such offerings to retail investors. … More
Max Schrems is the Austrian privacy lawyer who had complained about the transfer of his data to the United States by Facebook: he argued that, in light of the Snowden revelations,… More
The litigation over Facebook’s Tag Suggestions feature in the United State District Court for the Northern District of California continues, with the court this week denying both sides’ bids for summary judgment in a ten-page order. The case, formerly captioned Patel v. Facebook and now going by the name of In re Facebook Biometric Information Privacy Litigation, is on course to proceed to trial in July.… More
Paradoxically, while France was the first EU Member State to adopt a data protection act, it is one of the latest EU countries to adapt to GDPR,… More
Cross-posted from our sister blog, Trademark and Copyright Law.
By now, our readers are likely familiar with the General Data Protection Regulation (“GDPR”), the sweeping, European Union-wide legal and regulatory regime that provides enhanced protections for personal data. The GDPR, which goes in effect on May 25, 2018, is expected to reshape the digital data landscape in the EU and beyond. … More
It’s probably not going to change anything, but the Democratic National Committee has sued Russia (and members of the Russian establishment), members of the Trump campaign, and Wikileaks regard the 2016 election security breaches. The DNC’s complaint includes almost every claim imaginable in response to a hacking incident. If nothing else, it’s a good model for lawyers to crib from. More
As many of you may already be aware, the European GDPR goes into effect during May 2018. Below are some frequently asked questions and answers about GDPR as a short guide to assist investment advisers and private fund managers with initial GDPR analysis.
What is GDPR?
It is the new General Data Protection Regulation (GDPR) adopted by the European Union that is intended to protect the “personal data” of natural persons in the European Union.… More
In a recent ten-page order, a federal judge of the United States District Court for the Northern District of California declined to dismiss a lawsuit against Facebook alleging that Facebook’s “Tag Suggestions” feature violates the Illinois Biometric Information Privacy Act (BIPA). The ruling means that the case, Patel v. Facebook, Inc., Civil Action No. 3:15-cv-03747-JD, will proceed, but the long-term impact of the ruling is less clear.… More
Crypto is a Greek prefix meaning “secret” or “hidden.” Unless you live under a rock, or in one of several countries like Bolivia where buying and selling it is illegal, there is nothing secret or hidden about cryptocurrency. It’s everywhere. And public interest in cryptocurrency has led to lots of advertising, mostly on social media and the internet.
Spurred on by an incredible—some might say too-good-to-be-true—increase in value in late 2017,… More