Regulation

The US Supreme Court Curtails the Federal Trade Commission’s Ability to Seek Damages and Disgorgement Under Section 13(b) of the Federal Trade Commission Act

May 7, 2021

On April 22, 2021, the US Supreme Court decided AMG Capital Management, LLC, et al. v. Federal Trade Commission. The case involved a complaint filed in district court by the Federal Trade Commission (the “Commission”) against Scott Tucker and his companies alleging deceptive payday lending practices in violation of §5(a) of the Federal Trade Commission Act (the “Act”). The FTC...

Cross-Border Teletherapy Restrictions in the District of Columbia Challenged as an Abridgment of the First Amendment Right to Freedom of Speech

Jan 24, 2021

On December 9th the Institute for Justice (IJ) filed a lawsuit in the District of Columbia (DC) on behalf of a professional counselor based in and licensed by the Commonwealth of Virginia. The counselor wanted to conduct cross-border teletherapy sessions with patients located in DC, but was not licensed to do so, nor did she qualify for one of the...

The Federal Trade Commission Enters into Consent Agreement with Zoom Concerning Data Security

Nov 10, 2020

The Federal Trade Commission (“FTC”) announced a consent agreement with Zoom Video Communications, Inc. (“Zoom”) that requires the company to implement a comprehensive security program. The settlement is in response to the FTC allegations that Zoom: Made misleading claims about the level of encryption that gave users a false sense of security, especially for those who used the company’s platform to...

The Securities and Exchange Commission Updates the Definition of an Accredited Investor under the Securities Act of 1933

Sep 9, 2020

The Securities and Exchange Commission (the “Commission”) amended the definition of an “accredited investor” under the Securities Act of 1933. In the past, individual investors who did not meet specific income or net worth tests were denied the opportunity to invest in private markets. The amendments identify institutional and individual investors that have the knowledge and expertise to participate in those...

The US Supreme Court Curtails the Federal Trade Commission’s Ability to Seek Damages and Disgorgement Under Section 13(b) of the Federal Trade Commission Act

Cross-Border Teletherapy Restrictions in the District of Columbia Challenged as an Abridgment of the First Amendment Right to Freedom of Speech

The Federal Trade Commission Enters into Consent Agreement with Zoom Concerning Data Security

The Securities and Exchange Commission Updates the Definition of an Accredited Investor under the Securities Act of 1933

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