Technology & Intellectual Property Update

On September 19, 2024, the Federal Deposit Insurance Corporation (“FDIC”) proposed a set of new rules governing the recordkeeping practices of Insured Depository Institutions (“IDI(s)”). The proposed rule, which is largely a reaction to the recent bankruptcy of SynapseFI, would require IDI’s to maintain records identifying the beneficial owners of […]

Regulation S-P generally required broker-dealers, investment companies, and investment advisors to adopt and implement a variety of cybersecurity and privacy policies.  Some of the requirements include maintaining written cybersecurity policies, proper disposal of equipment that may contain sensitive information, and implementing privacy policies.  But the Commission proposed and subsequently adopted […]

On August 9, 2024 Illinois became the second state to implement legislation aiming to prevent the use of generative artificial intelligence systems (“AI”) to create unauthorized digital replicas of individuals. Tennessee led the way with the Ensuring Likeness Voice and Image Security Act (“ELVIS”) Act which went into effect July […]

Over the last few months, we have reported on various aspects of the newly adopted Nebraska Data Privacy Act Nebraska Data Privacy Act (the “Act”) that Governor Pillen signed into law on April 17, 2024, which goes into effect on January 1, 2025.  In our first article in this series, […]

As reported in prior editions of the Technology & Intellectual Property Update, on April 17, 2024, Nebraska Governor Jim Pillen signed into law the Nebraska Data Privacy Act Nebraska Data Privacy Act (the “Act”), which goes into effect on January 1, 2025.  In our first article in this series, we […]