Since Kramer Levin issued its Corporate Governance: 2022 Midyear Review, a wave of enforcement actions by the Department of Justice (DOJ) and Securities and Exchange Commission (SEC).
This settlement highlights the importance of maintaining adequate ESG-related disclosure controls and procedures, which have been a focus of recent regulatory enforcement activity.
California’s Age-Appropriate Design Code Act CA AADC was signed into law by Governor Newsom. California’s AADC mirrors a UK law that prompted changes by big tech companies but did not drastically alter the online landscape.
Last month, the California Attorney General announced a $1.2 million settlement resolving allegations that an international beauty retailer violated the California Consumer Privacy Act.