On September 29, California Governor Gavin Newsom signed Assembly Bill (AB) 1934 into law, marking a significant update to California’s Digital Financial Assets Law (DFAL). In addition to extending the compliance deadline for digital financial asset businesses, providing them with additional time to meet regulatory requirements and implement necessary operational changes, this new legislation includes significant modifications to the DFAL.
As technology evolves, so does fraud -- and that's true with the most-hyped innovation of the moment, artificial intelligence (AI). AI is all the rage these days, whether that's a new feature for the latest cell phone, a tool to generate images or a way to create podcasts in seconds.
As of 2024, the landscape of U.S. state data privacy laws has grown increasingly complex, with seven additional states passing comprehensive privacy laws, bringing the total to 19 states. This count could rise to 20 if the controversial Florida Digital Bill of Rights is included. However, the real story of 2024 lies not in the number of new laws, but in the significant variations in the scope and substance of these laws.
We are pleased to present our latest edition of Telephone and Texting Compliance News, providing insights and news related to the Telephone Consumer Protection Act (TCPA). In this month’s Regulatory Update, we discuss a Report and Order the FCC was set to consider at its September 26 meeting that will instead be circulated to commissioners for individual voting.
The Consumer Financial Protection Bureau (CFPB) is targeting illegal practices among medical debt collectors. The practices include “double-dipping” to get paid for services covered by insurance, harassing consumers to pay “fake or exaggerated charges,” misrepresenting consumers’ rights to contest bills, and collecting debts without documenting that the amount is owed, according to a Tuesday (Oct. 1) press release.
.jpg)
.jpg)