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FTC Overhauls Safeguards Rule Regarding Customer Information Applicable to Auto-Dealers and Other "Financial Institutions" | Hinshaw Privacy & Cyber Bytes - Insights on Compliance, Best Practices, and Trends

On October 27, 2021, the FTC announced that it intends to publish (1) a final rule to amend the Standards for Safeguarding Customer Information (Safeguards Rule); (2) a supplemental...
Rohit Chopra Commrs Wilson Noahj Phillips Lina Khan Daryl Joseffer Christines Wilson

SEC Proposes Amendments To Rules Governing Proxy Voting Advice And Adopts Rules Regarding Universal Proxy Cards - Corporate/Commercial Law

On November 17, 2021, the Securities and Exchange Commission (the "SEC" or the "Commission") voted 3-2 to propose amendments to the rules governing proxy voting advice that were enacted last year.
Gary Gensler Todd Garvey National Association Of Manufacturers Division Of Corporation Exchange Act Release No Exchange Act Rule
Source: mondaq.com

U.S. Supreme Court Upholds FCC's Relaxed Media Ownership Rules, Opening The Door For More Deals And Possible Antitrust Scrutiny | Morrison & Foerster LLP

To embed, copy and paste the code into your website or blog: M&A in the media industry is about to pick up. Recently, the U.S. Supreme Court upheld the U.S. Federal Communications Commission’s (FCC) 2017 rollback of media ownership limits. Media companies that once avoided specific acquisitions due to regulatory ownership limits may now take a second look. But passing through FCC review is only part of the equation, with the U.S. Department of Justice Antitrust Division (DOJ) and many State A...
New York United States Ted Johnson Greg Stohr Los Angeles Williamj Jokasky

Federal Trade Commission Releases Commentary on Vertical Merger Enforcement | Troutman Pepper

To embed, copy and paste the code into your website or blog: Split along partisan lines, the Federal Trade Commission (Commission) voted last week to issue Commentary on Vertical Merger Enforcement (Commentary). The Commentary intends to “provide[] greater transparency to the public regarding [the Commission’s] analysis of vertical mergers” by collecting in a single document the Commission’s past vertical merger cases and summarizing how it has analyzed potential anticompetitive effects...
Rohit Chopra Josephj Simons Las Vegas Christines Wilson Noah Joshua Phillips Party Affiliation

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Outlook For Digital Assets May Improve In 2021 - Technology

To print this article, all you need is to be registered or login on Mondaq.com. While 2020 will almost certainly not be remembered as the year in which cryptocurrency and digital assets made their long-promised arrival as a mainstay of financial transactions — overshadowed as they were by domestic politics and a global pandemic — the past 11 months marked another significant step in that ongoing journey. According to a recent Fidelity survey, 27% of institutional inv...
United States Janet Yellen Daniel Palmer Barack Obama Hester Peirce Kevin Helms
Source: mondaq.com

FTC 6(b) Orders Start a Broad Investigation of Privacy Practices and Technology Use by Nine Tech Companies | Wiley Rein LLP

To embed, copy and paste the code into your website or blog: On December 14, 2020, the Federal Trade Commission (FTC or Commission) issued extremely broad information and document production orders under Section 6(b) of the FTC Act (6(b) Orders) to nine social media and video streaming companies. The orders were issued following a 4-1 vote from the Commission, with a Joint Statement issued by Commissioners Chopra, Slaughter, and Wilson, as well as a highly critical Dissenting Statement from Com...
United States Federal Trade Commission Joint Statement Commissioners Chopra Dissenting Statement Orders Contain Extensive Requests

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