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Former Chief of SEC’s Office of the Whistleblower Jane Norberg Joins Arnold & Porter’s Securities Enforcement and Litigation Practice in Washington, DC

Arnold Porter

WASHINGTON, DC, May 24, 2021 — Arnold & Porter announced today that Jane Norberg has joined the firm’s Securities Enforcement and Litigation practice as a partner, resident in Washington, DC. Arnold & Porter Chairman Richard M. About Arnold & Porter’s Securities Enforcement & Litigation Practice.

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SEC Proposes Multiple New Cybersecurity and Privacy Rules for Securities Market Participants

Arnold Porter

Arnold & Porter regularly assists clients in filing comments on proposed federal regulations, and parties interested in assistance with submitting comments to the SEC are encouraged to contact any of this Advisory’s authors or their Arnold & Porter contact(s).

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SEC Raises Qualified Client Thresholds

Arnold Porter

These changes were promulgated by the SEC in June of 2021 pursuant to the authority granted to the SEC in Section 205 of the Advisers Act. © Arnold & Porter Kaye Scholer LLP 2021 All Rights Reserved. From and after August 16, 2021, the “assets under management test” threshold will increase from $1 million to $1.1

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The Justice Department Announces Successful Enforcement Action Against Trafficking in Protected Wildlife

Arnold Porter

The US Fish & Wildlife Service is the designated authority to carry out the US government’s obligations under CITES, and, through the ESA, maintains its own list of species that are endangered or threatened around the world.[[N:U.S. © Arnold & Porter Kaye Scholer LLP 2021 All Rights Reserved.

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Prop 65 Bounty Hunters Barred from Filing Acrylamide Lawsuits Based on First Amendment

Arnold Porter

In either case, the court concluded, the State had not carried its burden to show that Proposition 65 warnings for acrylamide in food are constitutional under Zauderer. CalChamber is represented by the authors. © Arnold & Porter Kaye Scholer LLP 2021 All Rights Reserved. Becerra , No. 2:19-cv-02019-KJM-JDP.

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OCC Advises Banks to Carefully Evaluate Venture Capital Fund Investments

Arnold Porter

Banks generally are not authorized to make passive equity investments in venture capital funds. Equity investments in venture capital funds may be permissible if they are public welfare investments or investments in small business investment companies that are specifically authorized by statute.[[N: are set forth below.

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Federal Bank Regulators Adopt New Cybersecurity Incident Notification Rule for Banks and Their Third-Party Service Providers

Arnold Porter

Rather, banking organizations must provide general information about what they know of the incident via email, telephone, or other similar methods authorized by the relevant primary regulator. © Arnold & Porter Kaye Scholer LLP 2021 All Rights Reserved.