Saturday, May 30, 2015

SPECIAL REPORT: Next Steps After ICANN’s Big Reveal: Identifying the .Threats

Now that the Internet Corporation for Assigned Names and Numbers June 13 posted its list of more than 1,900 new generic top-level domain name applications, brands large and small are going to have to quickly evaluate which applications pose threats to their businesses and then plot their response. BNA surveyed nearly a dozen attorneys about what they would be looking for on “reveal day,” and requested tips for sorting through the list and developing a timely defensive strategy.

Court Hands Fraudster Stanford 110-Year Sentence, Orders Him to Pay $5.9 Billion Judgment

The U.S. District Court for the Southern District of Texas June 14 sentenced convicted fraudster R. Allen Stanford to 110 years in prison for master-minding a decades-long $7 billion Ponzi scheme, the Justice Department announced that day (United States v. Stanford, S.D. Tex., 09-00342, 6/14/12).

Rajaratnam Cohort Gupta Convicted in Insider Scam; Faces 65 Years, Hefty Fines

Rajat Gupta, the former Wall Street executive accused of tipping convicted fraudster Raj Rajaratnam to inside information, was found guilty June 15 in the U.S. District Court for the Southern District of New York on conspiracy and securities fraud charges (United States v. Gupta, S.D.N.Y., 11 Cr. 907 (JSR), 6/15/12).

BNA INSIGHTS: Federal Reserve Opens the Door to Increased Chinese Investment in U.S. Banking Organizations

June 13, 2012 in Banking Report · Leave a Comment 

On May 9, 2012, the Federal Reserve Board (“FRB”) released three orders approving investments in the U.S. banking market by entities based in China…

BNA INSIGHTS: Review of 2011 Bank Enforcement Actions and Trends

June 13, 2012 in Banking Report · Leave a Comment 

In 2011, the federal banking agencies issued over 1200 formal enforcement actions, the second-highest total in their history…

Federal Reserve Proposes Rules Raising Quantity, Quality of Capital for U.S. Banks

June 13, 2012 in Banking Report · Leave a Comment 

The Federal Reserve, implementing heightened international standards known as Basel III, proposed rules at a June 7 meeting that would increase the quantity and quality of capital required for U.S. banks…

California Toughens Energy Efficiency Standards for New Homes, Commercial Buildings

LOS ANGELES—The California Energy Commission has adopted stricter energy efficiency standards for new and remodeled homes and commercial buildings.

BNA INSIGHTS: Heightened Enforcement Environment Signals Increased Use of Economic Espionage Act

Just days ago, a Utah scientist facing over two dozen federal charges pleaded guilty to one count of unlawful access to a computer in exchange for the prosecution dropping 25 other related charges. The defendant faced allegations, among others, that he had violated the Economic Espionage Act, a federal law that criminalizes the theft of trade secrets. 18 U.S.C. §1832. His guilty plea is but the latest chapter in a series of prosecutions which signal that federal efforts to ramp up intellectual property protection are continuing to grow.

FCC Launches Mobile Privacy, Security Inquiry to ‘Refresh Record’ on Industry Practices

The Federal Communications Commission has launched a new inquiry to examine the privacy and data security practices of mobile service providers in light of technologies and business practices that have emerged since a related 2007 proceeding.

Government Drops Appeal in FCPA Case over Alleged Mexican Bribery

The U.S. Attorney for the Central District of California May 25 withdrew the government’s appeal of a trial court decision tossing out the bribery convictions of Lindsey Manufacturing Co. and its senior executives based on prosecutorial misconduct (United States v. Noriega, 9th Cir., No. 11-50507, 5/25/12).