On April 28, 2025, Congress passed the “TAKE IT DOWN Act.” In addition to criminalizing intentional publication of non-consensual intimate imagery, including computer-generated intimate imagery (collectively, NCII), the bill requires “covered platforms” to develop a process for removing NCII within 48 hours of a valid report. Covered platforms are those that primarily provide
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Webinar Alert | Regulatory Outlook Under Trump 2.0: A 100-Day Review – May 20, 2025, 11:00 a.m. PT
Join us for a webinar on May 20, 2025, where our distinguished panel of former senior regulatory officials will discuss how enforcement and policymaking is evolving across key regulatory areas. The panel will explore the impact of new outbound investment rules on cross-border investments, the DOJ’s new data export regulations, CFIUS reforms on the horizon,…
CPPA Board Opens Draft Regulations for Public Comment
Key Changes to Upcoming AI, Risk Assessment, and Cybersecurity Regulations
On May 1, 2025, the California Privacy Protection Agency (CPPA) Board met again to discuss updates to the latest draft California Consumer Privacy Act (CCPA) regulations related to automated decision-making technology (ADMT), cybersecurity audits, risk assessments, and an assortment of other updates to existing regulations.…
Corp Fin Updates CDIs on Rule 10b5-1
On April 25, 2025, the U.S. Securities and Exchange Commission’s Division of Corporation Finance (Corp Fin) updated its Compliance and Disclosure Interpretations (CDIs) relating to Rule 10b5-1 by issuing two new CDIs, revising 20 CDIs, and withdrawing three CDIs. Aside from the two new CDIs, this latest round of updates harmonizes many of the CDIs…
Event Alert: Securities Enforcement Forum West, May 15, 2025
Securities Enforcement Forum West brings together hundreds of current and former senior SEC officials, securities enforcement and white-collar attorneys, in-house counsel and compliance executives, and other top professionals in the field. This year’s conference will be held on Thursday, May 15, 2025, from 8:30 a.m. to 7:00 p.m. PT, at the Waldorf Astoria Beverly Hills,…
SEC’s Division of Corporation Finance Issues Views on Disclosure for Securities in Crypto Asset Markets
On April 10, 2025, the SEC’s Division of Corporation Finance issued a statement expressing its views about the application of certain disclosure requirements under the federal securities laws to offerings and registrations of securities in the crypto asset markets. Our recent Client Alert discusses the areas highlighted by the statement for disclosure consideration and provides…
EU AI Office Clarifies Key Obligations for AI Models Becoming Applicable in August
On April 22, 2025, the EU Commission’s AI Office published draft guidelines to clarify the obligations in the EU AI Act for providers of general-purpose AI models (guidelines). These obligations will be applicable to AI models released in the EU market after August 2, 2025. The guidelines are currently open for public consultation, and the…
FTC Files Consumer Protection Complaint Against Uber for Deceptive Billing and Cancellation Practices
On April 21, 2025, the Federal Trade Commission (FTC) announced that it had filed a complaint against Uber Technologies, Inc. and Uber USA LLC (collectively, Uber), a rideshare and delivery company. Among other things, the FTC alleges in its complaint that Uber violated Section 5 of the FTC Act and the Restore Online Shoppers’ Confidence…
The UK’s Online Child Safety Duties Are Coming into Force: Steps to Take Now
On April 24, 2025, the UK’s Office of Communications, commonly known as Ofcom—the regulator responsible for enforcing the UK’s Online Safety Act (OSA)—issued its Protecting Children from Harm Online Statement. The statement requires online services to conduct and document a children’s risk assessment in accordance with the OSA by July 24, 2025. Services will be required to…
Eighth Circuit Temporarily Pauses Climate Rules Litigation and Seeks Response from SEC
Following the U.S. Securities and Exchange Commission’s action in March 2025 to end its defense of the final climate-related disclosure rules (Climate Rules), the Attorneys General of Massachusetts and other states (intervenor States) filed a motion to hold the case in abeyance “to maintain the status quo and preserve judicial resources while SEC evaluates its…