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62 results found


Morrison & Foerster LLP | USA | 22 Apr 2019

Key takeaways from the small business administration’s revised policy directives for the SBIR and STTR programs

The Small Business Administration (SBA) has statutory authority to establish federal Government-wide policies to implement the Small Business


Morrison & Foerster LLP | USA | 19 Jun 2017

CFPB Proposes Changes to Prepaid Accounts Rule

On June 15, 2017, the Consumer Financial Protection Bureau ("CFPB") released proposed revisions to its final Prepaid Accounts Rule ("Final Rule")


Morrison & Foerster LLP | USA | 14 Nov 2016

Interest-Based Advertising Disclosure Requirements Become Clearer--and Potentially More Burdensome

Recent enforcement decisions within the digital advertising industry indicate a shift in--and a clarification of--the required disclosures for


Morrison & Foerster LLP | USA | 9 Aug 2016

FDIC Releases Proposed Third-Party Lending Guidance

On July 29, 2016, the board of directors of the Federal Deposit Insurance Corporation (FDIC) released a proposal regarding third-party lending


Morrison & Foerster LLP | USA | 4 Aug 2016

New opportunities for all: SBA expands the small business mentor protégé programs

On July 25, 2016, the Small Business Administration (“SBA”) released a much-anticipated Small Business Mentor Protégé Programs Final Rule that


Morrison & Foerster LLP | USA | 2 Sep 2011

OCC issues guidance on prepaid products

With prepaid products becoming more sophisticated, federal and state regulators are asking banks that offer such products to develop comprehensive risk-management policies and procedures to guard against potential fraud and money laundering.


Morrison & Foerster LLP | USA | 2 Sep 2011

FinCEN finally issues prepaid access rules

After significant pressure from Congress and pursuant to a CARD Act mandate, on July 29, FinCEN published a rule amending the Bank Secrecy Act regulations to address “prepaid access.”


Morrison & Foerster LLP | USA | 2 Sep 2011

Massachusetts AG brings it

On July 28, the Massachusetts Attorney General (“AG”) entered into an Assurance of Discontinuance with a Massachusetts bank (in lieu of an enforcement action) regarding alleged violations of the state’s data security regulations, in which the bank agreed to comply with the regulations, as well as to pay a penalty of $7,500.


Morrison & Foerster LLP | USA | 14 Jul 2011

Joint actors granted immunity from infringing poorly drafted claims, for now; en banc review granted

To infringe a patented method claim, all steps of the method must be performed.


Morrison & Foerster LLP | USA | 1 Jul 2011

"Hosted marketing services" are taxable sales of pre-writtent software

In yet another reminder of the uncertainties involving the taxability of computer-related services, the Department of Taxation and Finance has ruled that “hosted marketing services” constitute the sale of prewritten software and are subject to sales and use tax to the extent accessed by clients in New York.

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