Privacy Law Blog

Tag Archives: enforcement action

Broker and Compliance Officer of Broker-Dealer Firm Personally Fined by SEC for Customer Privacy Violations

On April 7, 2011, the SEC announced that it had imposed fines of $20,000 each against the former president of a broker-dealer and a former broker for their actions in transferring customer information to a new firm as the defunct firm wound down. The SEC also fined the brokerage firm's former chief compliance officer $15,000 for compliance failures and security breaches that took place at the defunct firm, some dating back to 2005. Visit our blog to learn more. … Continue Reading

New HIPAA Cop: First AG Settlement for HIPAA Violations

Last week, the Connecticut Attorney General became the first state attorney general to enter into a settlement agreement for HIPAA violations, as a result of the new authority granted to attorneys general under the Health Information Technology for Economic and Clinical Health Act (HITECH Act). … Continue Reading

COPPA Enforcement Action

Earlier today, the FTC announced its latest COPPA enforcement action (http://www.ftc.gov/opa/2009/10/iconix.shtm).  Iconix Brand Group, Inc., the operator of websites featuring its apparel brands, was fined $250,000 for collecting personal information from children without complying with COPPA’s parental consent rubric. The FTC cited the websites associated with the brands Mudd, Candie’s, Bongo and OP, which are … Continue Reading
LexBlog