Technology & Intellectual Property Update

Earlier this month, the Consumer Financial Protection Bureau (“CFPB”) rescinded a Trump-era statement of policy that sought to define an “abusive” act or practice for purposes of the Dodd-Frank Act’s UDAAP prohibition. The now rescinded policy statement defined an “abusive” act or practice as one in which the harm to […]

Now that a little more than a year has passed since the California Consumer Protection Act (“CCPA”) took effect on January 1, 2020, and almost nine months after the California Attorney General’s enforcement authority took effect, we are seeing activity on the enforcement front as well as individuals attempting to […]

On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021, a $2.3 trillion spending bill, which former President Trump signed into law on December 27, 2020.  While the primary focus of the Appropriations Act was the $900 billion in stimulus relief for the COVID-19 pandemic, notable trademark legislation was also included […]

On February 5, 2021, the Virginia Senate voted unanimously to approve Senate Bill 1392, titled the Consumer Data Protection Act (the “CDPA”), after the House of Delegates approved an identical House bill.  Lawmakers must reconcile the two bills before the end of the session on February 27, 2021, and, assuming a reconciled […]

As we move into the New Year and state legislatures come back into session, we are on the look-out for new bills that may impact clients in the banking and financial services market. Three states – Oklahoma, Mississippi, and Tennessee – have recently proposed bills that, if passed, would have […]