PETA Continues Push for U. of Washington IACUC Names, UMass Documents, Vows More Legal Actions | Health Care Compliance Association (HCCA)
Report on Research Compliance 20, no. 4. April 2023 A legal fight with People for the Ethical Treatment of Animals (PETA) over the release of documents—including the names of institutional animal care and use committee (IACUC) members—has already cost the University of Washington (UW) more than $540,000 in fines and penalties alone, and it’s not […]
Taste-Testing Cybersecurity Compliance: A Recipe for Disaster in Government Contracting | Buchalter
The Department of Justice (DOJ) Civil Cyber-Fraud Initiative continues to raise the stakes for government contractors. This initiative uses the False Claims Act (“FCA”) to hold government contractors accountable for knowingly (1) failing to monitor and report cyber data breaches, (2) implementing inadequate cybersecurity measures or (3) misrepresenting their cybersecurity practices. According to a DOJ […]
Securities Snapshot: 1st Quarter 2023 – 2022 Final Rules Now in Effect: What You Need to Know | Keating Muething & Klekamp PLL
Securities and Exchange Commission rulemaking continued at a brisk pace in the first quarter of 2023 as the Commission implemented several significant reporting and compliance regulations adopted in 2022. Final rules and amendments became effective with respect to the following: pay-versus-performance disclosures; Rule 10b5-1 trading plans; universal proxy; incentive-based compensation recovery (“clawbacks”); electronic Rule 144 […]
Client Alert: Proposed SEC Amendments Will Require Regulated Companies to Scrutinize Cybersecurity Risks | Jenner & Block
As cyber-attacks and data breaches pose an increasing threat to market participants, the US Securities and Exchange Commission (“SEC”) has become increasingly focused on the cyber risks to the public and the market at large. Last week, the SEC proposed three separate proposals designed to increase the cybersecurity readiness of financial institutions: proposed amendments to […]
Coming Conflict with China-Business Challenges and Responses: Export Issues and Rebalancing the Global Economy | Thomas Fox – Compliance Evangelist
In the short span of the 21st Century, the world’s two top powers, the United States and China, have moved inexplicably toward a showdown. This evolved from a commercial competition into something more akin to permanent non-kinetic warfare. What does this mean for US business doing business in and with China? For this special […]
OFCCP Director Jenny Yang Reported to Be Leaving Agency | Proskauer – Government Contractor Compliance & Regulatory Update
According to reports, OFCCP Director Jenny R. Yang is expected to leave her position this week. Director Yang became OFCCP Director on January 20, 2021. At this time, it is not known who will replace her. During her term, Director Yang has overseen several OFCCP developments, including: Directive 2022-01, which addresses contractors’ obligations to produce […]
Illinois Considering Crypto Licensing | Latham & Watkins LLP
A legislative initiative in Illinois would establish licensing and consumer protection requirements for digital asset businesses serving consumers in the state. On February 21, 2023, the Illinois Department of Financial and Professional Regulation (IDFPR) announced the Consumer Financial Protection and Innovation Package, which was introduced in both chambers of the Illinois General Assembly, consisting […]
The New Era of Legal is Here: Are You Ready? | Epiq
The sky is falling! AI is taking the legal industry by storm and lawyers will soon be extinct! This was a common refrain amongst legal professionals in New York last week at the 2023 Legalweek conference. The good news? This is absolutely not true. Although the conference kicked off with a keynote speaker known for […]
Government Contractors Face an Immediate Deadline to Delete TikTok from Some IT | Holland & Knight LLP
Earlier this month, bipartisan legislation was introduced in the U.S. Congress that would allow the U.S. to regulate and even ban the app TikTok. Although the proposed legislation has dominated the news coverage, a recent Office of Management and Budget memorandum currently prohibits the use of TikTok on information technology used by federal agencies and […]
2023 NCAA Compliance Report | Husch Blackwell LLP
Husch Blackwell is pleased to share its third-annual NCAA Compliance Report, which explores the outside pressures NCAA Division I college athletics is facing, including the confluence of legal challenges, media rights, and scrutiny over amateurism. This year’s report includes insights on: •Upcoming litigation- •NIL updates and concerns- •The reclassification of the employment status of student-athletes- […]