FTC adjusts franchise rule’s monetary thresholds
The Federal Trade Commission is adjusting three monetary exemption thresholds in its Franchise Rule. The thresholds are used to determine whether the sale of a franchise qualifies for an exemption from the rule, which requires franchisors to disclose key information prospective buyers need to evaluate the risks and benefits of ...
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Former FTC Commissioner Brill on data security, privacy protections
Joe Mont speaks to Julie Brill, who for the past six years was among the FTC’s most influential commissioners and an important voice on internet privacy and data security issues. In April, she left public service to join the law firm Hogan Lovells as a partner and co-director of its ...
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ArticleCompany agrees to report to FTC for 10 years for alleged student data lapses
A tech company that stores student information for schools has agreed to implement a data security program and report to the Federal Trade Commission for 10 years, after security failures led to data for 10 million students being breached.
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ArticleCompliance should protect firms from AI-washing investigations and insurance claims
Insurance firms are warning that AI-washing could trigger a slew of cases against directors, and are adjusting their directors’ and officers’ liability premiums accordingly. With regulators cracking down on AI-washing, compliance could be a crucial line of defense and save companies on their insurance costs.