SEC FinHub’s Digital Asset Framework: A Guide for Issuers and Secondary Trading Markets

On April 3, the U.S. Securities and Exchange Commission (SEC)’s Strategic Hub for Innovation and Financial Technology (FinHub or Staff) released its much-anticipated guidance, the Framework for “Investment Contract” Analysis of Digital Assets (Framework), regarding its views on factors to consider in applying the Howey test to digital assets. In conjunction with the Framework, the SEC’s Division of Corporation Finance published its first no-action letter in connection with the sale of digital assets, providing relief to TurnKey Jet, Inc., for its proposed token sale.

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The Belgian Data Protection Authority Appoints First Commissioner and Directors

On 29 March 2019, the Belgian House of Representatives appointed a new Data Protection Commissioner and four directors to the executive committee of the Belgian Data Protection Authority (‘DPA’).

These are the first appointments to be made to the DPA since it replaced the previous Belgian Privacy Commission in anticipation of the EU GDPR. This is therefore the first time that executive roles have been officially filled in the context of the regulator’s expanded competence – including the DPA’s new power to impose administrative fines of up to €20,000,000 EUR or 4 percent of an undertaking’s worldwide annual revenues for certain infringements of the EU GDPR.

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California, Here We Come: Getting Ready for the California Consumer Privacy Act of 2018

WEBINAR
Wednesday, March 27, 2019 | 4:00 p.m. EDT / 1:00 p.m. PDT
CLE & CPE Credit Offered

When the California Consumer Privacy Act enters into force on January 1, 2020, it will grant consumers extensive new data rights and place a number of new obligations on companies – obligations that in some ways even exceed those imposed by the European General Data Protection Regulation (GDPR). This means that just about every company doing business in California or with Californians will need to take steps to comply with the CCPA, regardless of their GDPR status. Please join us for a discussion that identifies the key questions and issues companies should be considering before the CCPA enters into force on January 1, 2020. We’ll talk through the steps companies should take now to meet these new obligations.

SPEAKERS

  • Colleen Theresa Brown, Partner
  • Christopher C. Fonzone, Partner
  • Alan Charles Raul, Partner
  • Kate Heinzelman, Counsel
  • Sheri Porath Rockwell,Associate

CLICK HERE TO REGISTER

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Important Changes to the Singapore Data Privacy Regime

Singapore may soon mandate data breach notifications and data portability via amendments to the Singapore Personal Data Protection Act, or PDPA. The PDPA applies to all organizations that collect, use and disclose data in Singapore, and the PDPA has extraterritorial effect as it applies to all organizations collecting, using or disclosing personal data from individuals in Singapore (whether or not the company  has a physical presence in Singapore).

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