Earlier this month, the Securities and Exchange Commission (“SEC”) instituted public administrative and cease and desist proceedings against eBX, LLC (“eBX”), a broker-dealer registered with the SEC. eBX operates LeveL ATS, an alternative trading system (“ATS”) known as a “black pool,” which is a proprietary market where traders may exchange large blocks of stock with … Continue Reading
Concurrent with the European Commission’s recent release of a new strategy to “unleash the potential of cloud computing in Europe,” the French Data Protection Agency (CNIL) issued 7 recommendations to assist companies to comply with French law when using cloud computing services.… Continue Reading
California Governor Jerry Brown has signed a new law protecting employee use of social media by prohibiting an employer from requiring or requesting an employee or applicant for employment to disclose a username or password for the purpose of accessing the employee’s personal social media.… Continue Reading
The simultaneous denial of service attacks on the three largest U.S. banks which occurred two weeks ago were reported to have originated in Iran. After years of stealth cyber attacks on American interests, U.S. intelligence officials recently publicly accused China of cyber espionage of American high-tech data for their own economic gain. The head of … Continue Reading
