Bridging the Week by Gary DeWaal: April 15 – 19 and April 22, 2019 (Privacy Requirements No Secret; Not Quite the "Thrilla in Manila")

Published Date: April 22, 2019

The watchdog arm of the Securities and Exchange Commission – the Office of Compliance Inspections and Examinations – issued a Risk Alert summarizing breakdowns in compliance by broker-dealers and investment advisers of their obligations regarding customer information privacy notices and associated policies and procedures. Separately, the New York State Department of Financial Services and a recently declined applicant for a BitLicense engaged in a heated public brawl regarding the cause of the license declination. It was not commensurate with the excitement of the legendary 1975 "Thrilla in Manila" between Muhammad Ali and Joe Frazier, but the fireworks were extraordinarily dramatic by the standards of routine regulatory interactions in a non-litigation setting. As a result, the following matters are covered in this week’s edition of Bridging the Week:

Video Version:

Article Version

Read more...


Commentaries (click on the category image you want to access)

ABOUT GARY DEWAAL

Gary DeWaal

Gary DeWaal is currently Special Counsel with Katten Muchin Rosenman LLP in its New York office focusing on financial services regulatory matters. He provides advisory services and assists with investigations and litigation.


Social Media:

ABOUT KATTEN

Katten is a firm of first choice for clients seeking sophisticated, high-value legal services in the United States and abroad.

Our nationally recognized practices include corporate, financial services, litigation, real estate, environmental, commercial finance, insolvency and restructuring, intellectual property, and trusts and estates.

Our approximately 650 attorneys serve public and private companies, including nearly half of the Fortune 100, as well as a number of government and nonprofit organizations and individuals.

We provide full-service legal advice from locations across the United States and in London and Shanghai.

CONTACT US

Gary DeWaal
Katten Muchin Rosenman LLP
575 Madison Avenue
New York, NY 10022-2585

+1.212.940.6558




Request Information »

Join Mailing List »