Commentary by Steven Lofchie
On July 25, 2019, the SEC Division of Corporation Finance granted no-action relief from provisions of the Securities Act in order to simplify the usage of purchased units of value on online gaming platforms.
On September 9, 2019, the U.S. Court of Appeals for the Ninth Circuit ruled that LinkedIn cannot stop a data analytics company from using publicly available information from LinkedIn's website.
On December 6, 2019, experts testified before the House Financial Services Committee on the impact of artificial intelligence on investing, the financial services workforce, and compliance and risk management.
On April 2, 2019, the FDIC reported on the risks for financial institutions that contract with technology service providers.
On July 25, 2019, New York Governor Andrew Cuomo signed two bills into law designed to enhance cybersecurity protections by updating New York's data breach notification law.