On September 14, 2021, the Securities and Exchange Commission announced that analytics firm, App Annie Inc., and its co-founder and former CEO, agreed to pay approximately $10 million to settle securities fraud charges for engaging in deceptive practices and making material misrepresentations about “alternative data” sold by the company. Notably, this is the SEC’s first enforcement action charging an alternative data provider with securities fraud.
Continue Reading SEC Settles with Alternative Data Provider for $10 Million

A New York City Council bill amending the New York City Administrative Code to address customer data collected by food delivery services from online orders recently became law. Effective December 27, 2021, the law will permit restaurants to request customer data from third-party food delivery services and permit customers to opt out of the sharing. The law also imposes certain requirements and limitations regarding restaurants’ use and sharing of such data.
Continue Reading New York City to Require Food Delivery Services to Share Customer Data with Restaurants

On June 17, 2021, Senator Kirsten Gillibrand (D-NY) announced the reintroduction of the Data Protection Act of 2021, which would create an independent federal agency, the Data Protection Agency, to “regulate high-risk data practices and the collection, processing, and sharing of personal data.”
Continue Reading Senator Gillibrand Announces Renewed Data Protection Act 2021

Earlier this month, the Belgian Data Protection Authority released its 2020 Annual Report, which showed the Belgian DPA’s focus on the supervision of initiatives to fight the COVID-19 pandemic involving data processing, while not losing sight of its other priorities outlined in its Strategic Plan 2020-2025.
Continue Reading Belgian Data Protection Authority Releases 2020 Annual Report