Publication - 08/13/2012

New FTC Standards for Data Security?

Data Security Client Alert

When the Federal Trade Commission, in conjunction with the White House, promulgated its Consumer Privacy Bill of Rights in February 2012, one of the more intriguing considerations was that the FTC appeared to be setting up a matrix by which a company’s voluntary decision to adopt that matrix could become the basis for an FTC enforcement action. Now, after several months, it should be back at the forefront of data security considerations for U.S. businesses.

Earlier this summer, the FTC used that matrix in authorizing a federal action against Wyndham Worldwide Corp. and three of its subsidiaries – a development that highlights a possible change in stance from FTC Commissioner J. Thomas Rosch and illustrates for businesses the importance of developing detailed data/privacy policies.

Click on the PDF link above to view the full alert.

At Long Last: The IRS Issues Proposed Regulations for Deferred Compensation of Tax-Exempt Organizations and State and Local Governments

Client Alert
Christine M. Kong, Lori L. Shannon

The proposed regulations address some of the uncertainties that have perplexed plan sponsors and practitioners for years.

U.S. Department of Education Issues Proposed Borrower Relief Regulations

Client Alert
John R. Przypyszny, Jonathan D. Tarnow

On June 16, 2016, the U.S. Department of Education (the “Department”) published its proposed regulations (the “Proposed Rule”) regarding Borrower Defenses to Repayment (DTR) and related matters.

Representing Creditors in Chapter 9 Bankruptcy Cases

Practical Law
Kristin K. Going, Jennifer M. Roussil

Partner Kristin Going and associates Jennifer Roussil and Ravi Vohra wrote a Practice Note for Practical Law titled, “Representing Creditors in Chapter 9 Bankruptcy Cases.” The article discusses the role of creditors in Chapter 9 bankruptcy cases, including how a Chapter 9 case develops and how creditors are specifically impacted by the filing. This Practice Note also discusses the strategic issues creditors should consider to best position themselves for a possible recovery. ...

Saving women and children around the world must continue to be a top priority


J. Phillip Gingrey, M.D.

Former U.S. Congressman Dr. Phil Gingrey and Senior Advisor at the District Policy Group at Drinker Biddle & Reath authored a column in The Hill, a top U.S. political media outlet, on the importance of the U.S. government’s continued global leadership on maternal and child survival.

New FinCEN Due Diligence Requirements for Legal Entity Customers

Investment Management Alert
Diana E. McCarthy, Benjamin D. McCulloch

On May 11, 2016, the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) released new anti-money laundering (AML) rules and regulations that apply to mutual funds, broker-dealers, banks and futures commission merchants and commodities introducing brokers.