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As of January 10, 2022, the FTC’s amendments to the Safeguards Rule (“Amendments”) went into effect, 16 CFR Part 314; RIN 3084-AB35, Standards for Safeguarding Customer Information. The...
The FTC is a federal agency that works to protect consumers from fraudulent, deceptive and unfair business practices. Section 5a of the FTC Act broadly authorizes the FTC to investigate and challenge unfair or deceptive acts or practices in or affecting commerce.
Private funds that are excluded from the definition of "investment company" under sections 3(c)(1) or 3(c)(7) of the Investment Company Act of 1940 ("ICA") will face significantly stricter cybersecurity requirements under the...
Following more than two years of deliberation since proposing amendments to the 2002 Gramm-Leach-Bliley Act (GLBA) Standards for Safeguarding Customer Information...
The Federal Trade Commission (FTC) recently announced significant new information security requirements for non-bank financial institutions subject to the Gramm-Leach-Bliley Act (GLBA)....