On September 8, 2020, the Federal Data Protection and Information Commissioner (FDPIC) of Switzerland opined that the Swiss-U.S. Privacy Shield Framework does not provide adequate protection for data transfers from Switzerland to the United States as required under Switzerland’s Federal Act on Data Protection. The FDPIC’s Policy Paper can be found here: https://spelusolawoffice.com/wp-content/uploads/2021/02/64261.pdf. The FDPIC reached its conclusion based upon […]
An earlier post on this site reported on the July 16th judgment by the Court of Justice of the European Union (CJEU) invalidating the EU-US Privacy Shield framework. The CJEU’s decision, however, left intact the Standard Contract Clauses (the “SCCs”) for data transfers between European Union and Non-European Union countries. The Standard Contract Clauses, which are promulgated by the European […]
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 […]
Title VII of the Civil Rights Act of 1964 entitled Unlawful Employment Practices provides in relevant part: It shall be an unlawful employment practice for an employer—to fail or refuse to hire or to discharge any individual, or otherwise to discriminate against any individual with respect to his compensation, terms, conditions, or privileges of employment, because of such individual’s race, […]