Ropes & Gray Asset Management and Data Privacy Attorneys Widely Cited on CCPA Compliance Considerations for Asset Managers

With California’s 2019 legislative session closing on October 13, business leaders were watching to see whether amendments to the California Consumer Privacy Act (“CCPA”) would pass, and if so, how they would impact their data privacy compliance programs in advance of the January 1, 2020 enforcement deadline. While the spotlight was largely on technology and consumer-facing companies to see how this would impact their businesses, Ropes & Gray asset management and data privacy attorneys noted that asset managers should also be paying close attention.

Ropes & Gray asset management partner Melissa Bender and counsel Catherine Skulan were widely cited in media coverage discussing what asset managers need to know about the CCPA. They were featured in the following Q&A series published by Hedge Fund Law Report and Cybersecurity Law Report:

• Hedge Fund Law Report – “Engaging with the California Consumer Privacy Act (Part One of Two)” (September 26, 2019)
• Hedge Fund Law Report – “Engaging with the California Consumer Privacy Act (Part Two of Two)” (October 3, 2019)
• Cybersecurity Law Report – “CCPA Close-Up: Review of Amendments and How to Prepare for Compliance (Part One of Two)” (October 2, 2019)
• Cybersecurity Law Report – “CCPA Close-Up: Examining the GLBA Carve-Out and How Financial Institutions Can Evaluate Applicability (Part Two of Two)” (October 9, 2019)

Ms. Bender and Ms. Skulan were also quoted in an Oct. 17 article published by Private Funds CFO titled “CCPA Amendments Are Useful But ‘No Magic Bullet’” and cited in a FundFire piece titled “Sweeping New Privacy, Conduct Regs Loom for Fund Managers.”

Ms. Bender, Ms. Skulan, Mr. Angle, and privacy & cybersecurity partner Edward McNicholas also co-authored a Law360 Expert Analysis piece titled “Data Privacy Compliance Best Practices for Asset Managers,” released on Oct. 9.