On November 19, 2020 the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations released a risk alert relating to deficiencies in registered investment adviser’s compliance program.  Under Rule 206(4)-7  (the “Compliance Rule”) under the Investment Advisers Act of 1940 (“Advisers Act”), it is unlawful for a registered investment adviser to provide investment advice…

On July 10, 2020, the SEC’s Office of Compliance Inspections and Examinations (“OCIE”) issued a cybersecurity risk alert in which it discussed the flood of bad actors orchestrating phishing campaigns designed to penetrate financial networks to access internal resources and deploy ransomware.  OCIE’s alert indicated that ransomware attacks on SEC registrants appeared to become more…

Tuesday, April 23rd • 1 PM ET – (1 CLE Credit ) You can view the presentation materials here. Now, even more than ever, as increased numbers of people are working, schooling and playing at home or at other remote locations, the value of online and mobile advertising and promotions has increased substantially. At the same time, the amounts…

Europe’s highest court, the European Court of Justice, has stricken the Safe Harbor agreement that was designed to allow companies to move personally identifiable digital information such as people’s web search histories and social media updates between the European Union and the United States. Many companies had been relying on this international agreement to allow data transfer between…

Rimon Partner John Isaza was quoted in InformationWeek’s article entitled 7 Ways To Avoid Information Governance Pitfalls, saying “some organizations don’t know where to start, so they bury their heads in the sand hoping it goes away, or they’ll wait until they get burned and then they’ll do something. And if they get burned, they may say we need…