On May 24, 2018, President Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act (“EGRRCPA”).1 This law loosened several regulatory requirements instituted by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) after the 2008 Financial Crisis.2 The EGRRCPA removed, inter alia, a Dodd-Frank requirement that prudential bank regulators and bank holding…
Author: Bryan Pistorius
Breaking Down GDPR and its Influence on U.S. Entities and U.S. Privacy Laws
The European Union’s General Data Protection Regulation (“GDPR”) became effective on May 25, 2018. GDPR regulates personal information, particularly personal information gathered from individuals in the European Union (“E.U.”) or stored in the E.U. GDPR is a vaguely-written, 99 article document. Lacking interpretive jurisprudential guidance, entities had to implement GDPR compliance procedures without fully understanding…