On July 10, 2025, the European Commission (EC) published the final version of the General-Purpose AI Code of Practice (Code). This voluntary instrument provides guidance on how providers of general-purpose AI models (GPAI), including those posing systemic risks (GPAI-SR), can comply with their obligations under the AI Act, which become applicable on August 2, 2025. The Code is structured around three key areas: transparency, copyright, and safety and security. Adherence to the Code is voluntary, but providers who decide not to comply with it may face heightened scrutiny from regulators, as they will be expected to demonstrate AI Act compliance through alternative means.Continue Reading EU Releases Final Code of Practice for General-Purpose AI Models
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FTC Files Consumer Protection Complaint Against GOAT
On December 2, 2024, the Federal Trade Commission (FTC) announced it had filed a complaint against GOAT, an online retailer of sneakers, apparel, and accessories. In the complaint, the FTC alleged, among other things, that GOAT failed to honor its “Buyer Protection” policy for consumers who received deficient products. The FTC also alleged that GOAT failed to offer consumers whose products were delayed beyond the promised delivery period a clear and conspicuous way to consent to the delay or cancel the order in exchange for a refund. Furthermore, the FTC alleged that consumers were forced to repeatedly contact customer service for relief, and often received inadequate refunds.Continue Reading FTC Files Consumer Protection Complaint Against GOAT
CFPB Announces Proposed Rules to Accelerate Open Banking
On October 19, 2023, the Consumer Financial Protection Bureau (CFPB) announced its long-awaited proposed rule regulating “Personal Financial Data Rights” (the proposed rule). The proposed rule implements Section 1033 of the Dodd-Frank Act, which provides consumers the right to access and port their financial information between banks and other financial entities. CFPB Director Rohit Chopra stated that the proposal would accelerate the shift towards open banking and jumpstart competition in the U.S. financial service sector by giving consumers “the power to walk away from bad service” and switch providers.Continue Reading CFPB Announces Proposed Rules to Accelerate Open Banking
Colorado AG’s Office Announces Final Colorado Privacy Act Rules: Key Takeaways
On March 15, 2023, the Colorado Attorney General’s (Colorado AG) office released the final version of the Colorado Privacy Act (ColoPA) rules (the final rules), which are based on public comments on the third version…
Continue Reading Colorado AG’s Office Announces Final Colorado Privacy Act Rules: Key TakeawaysEU Privacy Regulators Coordinate to Assess Compliance with the GDPR Rules on Data Protection Officers
On March 15, 2023, the European Data Protection Board (EDPB) announced a coordinated action on the role of the data protection officers (DPOs). The data protection authorities (DPAs) will ask DPOs a series of questions…
Continue Reading EU Privacy Regulators Coordinate to Assess Compliance with the GDPR Rules on Data Protection OfficersNIST Releases Its Artificial Intelligence Risk Management Framework (AI RMF)
On January 26, 2023, the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) released its Artificial Intelligence Risk Management Framework (AI RMF). The AI RMF is intended to provide a resource…
Continue Reading NIST Releases Its Artificial Intelligence Risk Management Framework (AI RMF)Utah Poised to Become Fourth State with General Privacy Law
Utah is poised to become the fourth state to enact comprehensive consumer privacy legislation, following California, Virginia, and Colorado. Earlier this month, Utah’s legislature passed the Utah Consumer Privacy Act (S.B. 227) (UCPA) with no opposing votes in both the Utah Senate and House of Representatives. The bill was sent to Utah Governor Spencer Cox on March 15, 2022 and the Governor has until March 24, 2022 to either sign or veto the bill, otherwise it will become law without his signature. If enacted, as is anticipated, the UCPA will become effective on December 31, 2023, six months after the Colorado Privacy Act (ColoPA) and nearly a year after the Virginia Consumer Data Protection Act (VCDPA) and California Privacy Rights Act (CPRA) come into effect.
Continue Reading Utah Poised to Become Fourth State with General Privacy Law