Searching Content indexed under Consumer Protection by Kramer Levin Naftalis & Frankel LLP ordered by Published Date Descending.
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Stricter Data Privacy And Cybersecurity Laws May Be Coming Soon To New York: Updates On The SHIELD Act And The New York Privacy Act
New York is gearing up to enact some of the toughest cybersecurity, privacy and data protection laws in the country. Modeled on the European Union's General Data Protection Regulation
United States
26 Jul 2019
ESMA And EBA Assess Whether Crypto-Assets Are Regulated Under Existing EU Rules And Advise The European Commission To Consider An EU-Level Regulation
On Jan. 9, 2019, both the European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) published a report on crypto-assets.
United States
29 Jan 2019
Do Unto Others—Reciprocity Through The Lens Of Insurance Regulation
The uneven effects of laws across boundaries, when applied to persons or activities having nexuses to multiple jurisdictions, can often be neutralized by reciprocity—treating a non-resident in a particular jurisdiction...
United States
18 Oct 2018
U.S. Resolution Stay Regulations – Final Rules And ISDA Protocol
As regulators in Europe and elsewhere have done, U.S. banking regulators have introduced new regulations designed to facilitate the resolution of a global systemically important bank (GSIB).
United States
21 Sep 2018
Feds Announce Proposal To Simplify, Tailor Volcker Rule
On July 17, the five main federal financial regulatory bodies — the Board of Governors of the Federal Reserve System (the Fed), the Securities and Exchange Commission, the Federal Deposit Insurance Corp.
United States
6 Aug 2018
The California Consumer Privacy Act Of 2018: Summary And Comparison To GDPR
On June 28, 2018, the California Consumer Privacy Act of 2018 (CCPA) was signed into law. The bill was drafted and passed quickly
United States
2 Aug 2018
Supreme Court Rules That Dodd-Frank's Anti-Retaliation Provision Does Not Protect Internal Whistleblowers
The United States Supreme Court decided in Digital Realty Trust, Inc. v. Somers (Feb. 21, 2018) that the anti-retaliation provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) applies only to individuals who have reported a violation of the securities law to the Securities and Exchange Commission (SEC) and not to those who raise concerns only to their employers internally. The Court's decision resolved an important conflict in the federal Courts of Appeals.
United States
28 Feb 2018
US House Of Representatives Approves The Financial Choice Act
This alert examines some of the key provisions of the Financial CHOICE Act, which was approved by the U.S. House of Representatives on June 8, 2017.
United States
13 Jun 2017
International Development Summaries - France
On November 22nd, 2016, the French Supreme Court ruled that oral allegations prevail over contractual omission for the determination of the existence, or non-existence, of misleading commercial practices.
10 Apr 2017
SEC To Revisit CEO Pay Ratio Rule
Acting SEC chairman Michael Piwowar requested the agency take another look at a Dodd-Frank requirement that companies disclose how top executives’ compensation compares with employees' pay.
United States
6 Mar 2017
Dodd-Frank And Other Laws Facing Indefinite Future In 2017
As 2017 begins, financial markets and the regulators that oversee them are facing significant uncertainty.
United States
9 Jan 2017
OCIE Examining Advisers' And Broker-Dealers' Whistleblower Compliance
The OCIE announced it is examining registrants' compliance with key whistleblower provisions arising out of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act).
United States
7 Dec 2016
Post-Election Outlook – Key Issues Affecting Insurers
Two proposals from the current (114th) Congress may offer clues to what a rollback of Dodd-Frank might look like.
United States
22 Nov 2016
Whistleblower Claims Under SOX And Dodd-Frank: Recent Developments - November 2016
In May 2016, the SEC made three announcements that it would make bounty awards totaling nearly $10 million to four whistleblowers.
United States
11 Nov 2016
Risk Retention Issues In Securitization
Section 941 of the Dodd-Frank Act required agencies to implement rules that require a sponsor of a securitization to retain at least 5% of the credit risk of the assets underlying its asset-backed securities.
United States
7 Sep 2016
Paypal Settles Texas State Attorney General's Charges That Venmo Users' Contact Lists Were Misused And Private Information Inadvertently Disclosed
PayPal has entered into a $175,000 settlement with the Texas Attorney General's Office after the state alleged that PayPal's Venmo application violated portions of the Texas Deceptive Trade Practices Consumer Protection Act.
United States
17 Aug 2016
Class Certification Denied In Common Defect Case Where Individual Issues Predominated
Plaintiff brought suit on behalf of a putative class of owners of New York buildings with Pella windows, alleging that Pella's windows contained common design defects.
United States
16 Aug 2016
Individual Understandings Of Allegedly Deceptive Product Name Destroyed Predominance
A California federal court declined to certify a class of purchasers of defendant Toshiba's LED‑lit LCD televisions in a case alleging that Toshiba falsely advertised the television sets as "LED TVs.
United States
16 Aug 2016
Federal Trade Commission (FTC) Enforcement Actions
The FTC has charged that Volkswagen Group of America Inc. deceived consumers with its advertising campaign to promote supposedly "clean diesel" vehicles...
United States
24 May 2016
Consumer Fraud Class Action Developments
The Supreme Court held that defendants cannot moot putative class action claims by making an offer of full relief to individual plaintiffs.
United States
8 Mar 2016
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