Melanie' Post

SEC Issues First Fine Over Client Privacy Breach

The Securities and Exchange Commission (SEC) has issued its first-ever fine for failing to properly protect customer data. The charges involve former president Fredrick O. Kraus and former national sales manager David C. Levine of  GunnAllen Financial. The SEC press release said that both parties “violated  customer privacy rules by improperly transferring customer records to another firm.” This is the first case in which people were charged soley with violating Regulation S-P, also known as the Safeguard Rule.

More information can be found here.

Melanie S. Touchstone

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USPTO Issues Final Rule for Prioritized Patent Examination

April 5th, 2011
Patents/IP, Resources & Tools



For a Special Fee, Get a Patent in 12 Months!


New Procedure is called “Track One” of a Proposed Three-Track Improvement Initiative


On April 4, 2011, the U.S. Patent and Trademark Office (USPTO) issued a final rule to implement “Track One” prioritized examination of a patent application upon an applicant’s request and payment of a $4,000 request fee and other filing fees.  Using this procedure, patent applicants should be able to obtain a “final disposition” of their patent application within twelve (12) months of receipt of priority status.   Other aspects of the USPTO improvements initiative

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