On September 15, 2022, the Consumer Financial Protection Bureau (“CFPB”) issued a report offering insights into the burgeoning Buy Now, Pay Later (“BNPL”) industry (the “Report”).The Report follows, and is largely based on, 2021 market monitoring orders the CFPB issues to 5 BNPL providers to provide the CFPB with data […]
Technology & Intellectual Property Update
FTC Publishes Advanced Notice of Public Rulemaking
On August 11, the Federal Trade Commission published an Advanced Notice of Public Rulemaking regarding Commercial Surveillance and Data Security. At the core of the Notice is a focus on data privacy of individuals, in particular privacy online and in the ad tech space. In its own words, “the Commission invites […]
CFPB Puts Digital Marketers in the Cross-Hairs
On August 10, 2022, the Consumer Financial Protection Bureau (“CFPB”) issued an interpretive rule aimed at digital marketers that provide services to financial service companies (the “Interpretive Rule”). The Interpretive Rule seeks to clarify when such digital marketers are required to comply with federal consumer protection law. The short answer […]
Scope of On-Sale Bar “Commercial Purpose” Standard Clarified
In its recent decision in Sunoco Partners v. U.S. Venture, the Federal Circuit affirmed that non-monetary consideration can prove the existence of a “commercial offer for sale” for purposes of the on-sale bar and explained the circumstances under which equipment testing is sufficient to satisfy the experimental use exception. This […]
CPRA Rulemaking Process Officially Begins
As discussed in last month’s edition of the Technology & Intellectual Property Update, the California Privacy Protection Agency the (“Agency”) released CPRA draft regulations in late May that would promulgate the amendments made to the California Consumer Privacy Act (“CCPA”) by the California Privacy Rights Act (“CPRA”). On July 8th, the Agency […]

