On May 13, 2025, the Bureau of Industry and Security (BIS) announced its intent to rescind the Biden administration’s Framework for Artificial Intelligence Diffusion (AI Diffusion Rule) that is scheduled to go into effect on May 15. BIS will publish a Federal Register notice formalizing its decision. In the meantime, Under Secretary of Commerce for
Corporate Compliance
Event Alert: Securities Enforcement Forum West, May 15, 2025
Securities Enforcement Forum West brings together hundreds of current and former senior SEC officials, securities enforcement and white-collar attorneys, in-house counsel and compliance executives, and other top professionals in the field. This year’s conference will be held on Thursday, May 15, 2025, from 8:30 a.m. to 7:00 p.m. PT, at the Waldorf Astoria Beverly Hills,…
$51.75M Settlement in Clearview AI Biometric Privacy Litigation Illustrates Creative Resolution for Startups Facing Parallel Litigation and Enforcement Action
Introduction
On Thursday, March 20, a federal judge in the Northern District of Illinois granted final approval to a settlement agreement under which Clearview AI (Clearview) agreed to pay an estimated $51.75 million to a nationwide class if one of several contingencies takes place. This approved settlement agreement resolves In Re: Clearview AI, Inc. Consumer…
Singapore targets businesses and individuals violating or circumventing other countries’ export controls on advanced semiconductor and AI technologies
On 4 April 2025, Singapore Customs and the Ministry of Trade and Industry issued a joint advisory on Singapore’s export controls relating to advanced semiconductor and artificial intelligence (AI) technologies (the Advisory).
The Advisory emphasised that businesses operating in Singapore must act transparently and fully comply with applicable laws and regulations on export controls. Such…
Mass. AG Emerges as Key Player in Consumer Protection
Published in Law360 on April 4, 2025. © Copyright 2025, Portfolio Media, Inc., publisher of Law360. Reprinted here with permission.
Massachusetts Attorney General Andrea Campbell has emerged as a significant figure in the landscape of consumer protection and corporate accountability. Her actions and initiatives have positioned her as a thought leader among state attorneys general,…
Recent Developments Raise Significant Questions about the Future of Regulation and Enforcement of Cryptocurrency
Recent developments in the world of crypto have come at a rapid pace to open 2025 not only signaling but, in some instances, explicitly declaring the Trump Administration’s intent to significantly relax or eliminate regulation and enforcement in the crypto markets. On January 23, 2025, President Trump signed an executive order with the goal of…
Best Practices for AI Disclosures in SEC Filings: Ensuring Transparency and Consistency
The rapid evolution of artificial intelligence (AI) is prompting an increase in AI-related disclosures in public companies’ SEC filings, a trend that is expected to continue.…
Minnesota AG Releases Report Detailing AI and Social Media’s Impact on Minors
On February 4, the Office of the Minnesota Attorney General (AG) released its second Report on Emerging Technology and Its Effect on Youth Well-Being, outlining the effects young Minnesota residents allegedly experience from using social media and artificial intelligence (AI). The report highlights alleged adverse effects that technology platforms have on minors and claims…
Bipartisan Leadership and Reform at NAAG: Insights From Brian Kane
In this episode of Regulatory Oversight, Clay Friedman, co-leader of the firm’s State Attorneys General (AGs) practice, welcomes back Brian Kane, executive director of the National Association of Attorneys General (NAAG). They discuss the significant transitions and reforms at NAAG over the past two years, including the implementation of a bipartisan leadership structure and a…
IFA Takeaway: How AI in Franchising is Driving Growth, Sales, and Competitive Edge
This week I am continuing to provide some takeaways from a few of the many sessions I attended at the International Franchise Association’s Annual Convention in Las Vegas earlier this month. Google Head of Data Measurement and Analytics for WPP Agencies, Nadia Carta (“Carta”), led a super session on how franchisors and franchisees can easily…