
FTC Judge Orders Tax Filing Software Company to Stop Advertising Products as “Free”
On September 8, the FTC’s Chief Administrative Law Judge (“ALJ”) issued an initial decision finding that a company providing tax filing software services engaged in deceptive advertising practices in violation…
Continue Reading FTC Judge Orders Tax Filing Software Company to Stop Advertising Products as “Free”
FTC Settles FCRA Suit Against “People-Search” Companies
On September 11, the FTC announced that it had reached a settlement with two “people-search” companies which would resolve charges that the companies had engaged in practices that violated the…
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CFPB Adjusts Long Time Position Relating to Loan Originator Compensation
Many residential mortgage lenders currently have loan compensation plans that provide for a payment to loan originators of one commission amount for loans funded by the lender, and a smaller…
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Rage Against the Machine: New York Bill Would Dramatically Limit Employers’ Ability to Use Electronic Monitoring and Automated Employment Decision Tools
On August 4, 2023, the New York legislature introduced Senate Bill 07623 (“S07623”), which would dramatically restrict employers’ ability to use both electronic monitoring and automated employment decision-making technology in…
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Hot off the Presses: Sheppard Mullin Publishes its “Federal Grants Survival Guide” for Commercial, For-Profit Companies
In fiscal year 2022 alone, the Federal Government is estimated to have spent over $1 trillion in grant and assistance programs – a little less than double the Federal Government’s…
Continue Reading Hot off the Presses: Sheppard Mullin Publishes its “Federal Grants Survival Guide” for Commercial, For-Profit Companies
Top 10 Takeaways from OMB’s “Build America, Buy America” Guidance for Infrastructure Projects
On August 23, 2023, the White House’s Office of Management and Budget (“OMB”) issued its notification of final guidance implementing Title IX of the Infrastructure Investment and Jobs Act (“IIJA”)…
Continue Reading Top 10 Takeaways from OMB’s “Build America, Buy America” Guidance for Infrastructure ProjectsThe U.S. antiboycott laws and regulations have been around since the era of disco. In stark contrast to fast-moving sanctions and export controls, we rarely see updates to the antiboycott…
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CFPB Reaches $2.6 Billion Settlement with Credit Repair Company
On August 28, the CFPB announced a proposed settlement with Utah-based credit repair telemarketing company and its affiliates for allegedly committing deceptive acts and practices in violation of the Telemarketing…
Continue Reading CFPB Reaches $2.6 Billion Settlement with Credit Repair CompanyOn September 8, a Texas federal judge ruled that the CFPB exceeded its authority by adopting a sweeping anti-discrimination policy last year. The CFPB adopted the policy in March 2022, via…
Continue Reading Texas Court Strikes Down CFPB UDAAP Policy
Kentucky Court Grants Injunction on Small Business Lending Rule
On September 14, U.S. District Court for the Eastern District of Kentucky granted a motion brought by the Kentucky Bankers Association (KBA) and eight Kentucky-based banks (plaintiffs), seeking a preliminary…
Continue Reading Kentucky Court Grants Injunction on Small Business Lending RuleThe CPPA, the California regulatory body charged with enforcing CCPA, has now issued draft regulations on risk assessments and cybersecurity audits. The draft was released ahead of a public…
Continue Reading What Do the CPPA’s Draft Regulations on Risk Assessments and Cybersecurity Audits Mean for Companies?On August 28, 2023, the Securities and Exchange Commission (“SEC”) instituted cease-and-desist proceedings under Section 8A of the Securities Act against Impact Theory, a Los Angeles media and entertainment company…
Continue Reading The SEC’s Sudden Impact on NFTsAfter some delay, Delaware’s governor has at last signed into law the thirteenth state comprehensive privacy law. This is the seventh law passed in 2023, joining Iowa, Indiana…
Continue Reading The “First State” Officially Becomes the Thirteenth State with a Comprehensive Data Privacy LawThe SEC has, in rapid fire, announced enforcements against two NFT projects for allegedly violating securities laws. The first action announced August 28, 2023 was against Impact Theory and the second…
Continue Reading SEC Enforcements Against NFTs – Are You Next?
Bid Protest High Season Is Coming – A Reminder About the Need for Fast Decisions
The end of the Fiscal Year is upon us, which typically coincides with a flurry of procurement activity and then a wave of bid protests. As most of you know…
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Challenging Other Transaction Agreements – Navigating the Jurisdictional Highway
The origination of Other Transaction Agreements (OTAs) traces back to the October 1957 launch of Sputnik I by the Soviet Union and the subsequent Space Race. Congress created the National…
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