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New Disclosure and Cybersecurity Guidance from the SEC

Adding to the chorus (or cacophony) of regulatory voices on the cybersecurity front, the SEC has recently issued new interpretive guidance concerning cybersecurity-related disclosures that public companies are required to make under federal securities laws.

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NYS DFS Part 500 E-mails Have Some Confused

Last week, NYS DFS began sending out e-mail notices to individuals stating that they had failed to comply with the Certification of Compliance requirement under 23 N.Y.C.R.R. §  500.17(b), which mandates that a Covered Entity under the regulations certify compliance annually.  The deadline for certification was February 15, 2018.

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UBIT Siloing under the Tax Cuts and Jobs Act

While exempt organizations are, by definition, exempt from tax, they are subject to a tax on their income from unrelated businesses. 

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Handbook and Policy Gift from the National Labor Relations Board

Starting the new year with a gift to employers, the National Labor Relations Board (“NLRB”) issued a decision overturning its prior, controversial standard for reviewing employee handbooks and policies.

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Proposed bill imposes stiff penalties and compensates consumers for data breaches

Last September, shortly after Equifax disclosed a massive data breach, regulatory agencies moved quickly to adopt regulations intended to better protect consumers from data breaches.  Last week, Congress took a first step toward codifying such protections.

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