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RegFi Episode 22: Data Sharing and the 1033 Rule: An Industry Perspective with Ramon Gomez
Ramon Gomez — Managing Director, Regulatory Affairs at JPMorgan Chase — joins RegFi cohosts Jerry Buckley and Sasha Leonhardt for a conversation about Section 1033 of the Dodd-Frank Act and its implications for consumer data sharing. Ramon helps unpack Section 1033 and how it aligns with the substance of the CFPB’s proposed rulemaking, particularly with…
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What to Expect in Banking in 2024
The end of 2023 saw a barrage of major proposals and other actions by US banking regulators. Many of these are contentious issues that have divided regulators and generated significant public controversy. Final proposals of some could be coming in 2024, but only if they can avoid being crowded out by the federal elections in…
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CSA Propose Amendments to Rules for Public Crypto Asset Funds
The Canadian Securities Administrators (“CSA”) recently published proposed amendments to National Instrument 81-102 Investment Funds (“NI 81-102”) and changes to its companion policy (the “Proposed Amendments”) relating to reporting issuer investment funds that seek to invest directly or indirectly in crypto assets (“Public Crypto Asset Funds”). The Proposed Amendments are expected to enhance regulatory clarity by supplementing…
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NewGen Administrative Services Experiences Data Breach Affecting 105,425 Individuals
On February 23, 2024, NewGen Administrative Services, LLC filed a notice of data breach with the California Attorney General and the U.S. Department of Health and Human Services Office for Civil Rights after discovering that an unauthorized party was able to access its IT network. In this notice, NewGen explains that the incident resulted in…
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Northeast Orthopedics and Sports Medicine Announces Data Breach Affecting 177,276 Patients
On March 5, 2024, Northeast Orthopedics and Sports Medicine filed a notice of data breach with the Attorney General of Maine after discovering that an unauthorized party was able to access the company’s IT network. In this notice, Northeast Orthopedics explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive…
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Under Pennsylvania Law, Service of a Writ of Summons on Defendant’s Claims Administrator Does Not Constitute Valid Service.
London-Walker v. Walgreens Family of Companies, 2023 WL 6465387 (E.D. Pa. 2023) – The plaintiff, a customer of the defendant’s store, tripped and fell on a mat located in the store. The plaintiff commenced the case in state court pursuant to a writ of summons. However, the writ was never served on the defendant. Instead,…
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The Robins Kaplan Justice Report – Vol. 18, No. 1
Robins Kaplan Secures Historic $12.2 Million Settlement in a Section 1983 Jail Deliberate Indifference Case – Scott County Jail officials failed to report detained man’s injuries and allowed video evidence to be deleted. On October 3, 2023, Robins Kaplan LLP announced a $12.2 million settlement on behalf of its client Terrance Dwayne Winborn, who suffered…
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Saint Anthony Hospital Notifies Patients of December 2023 Data Breach
On January 30, 2024, Saint Anthony Hospital filed a notice of data breach with the U.S. Department of Health and Human Services Office for Civil Rights after discovering that an unauthorized party was able to gain access to the organization’s IT network. In this notice, Saint Anthony Hospital explains that the incident resulted in an…
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Haiti Gangs Press Prime Minister to Step Down
The power struggle in Haiti is raising pressure on the United States to ease tensions while casting doubt on plans for a Kenyan-led security mission.
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Middle East Crisis: Houthis Claim Lethal Attack on Commercial Ship Near Yemen
At least two deaths were reported, the first in the Iran-backed militia’s repeated attacks on vessels in the same waters, which the group says aim to pressure Israel to halt the war in Gaza.