Last month, the Connecticut legislature passed two bills that amend and expand the Connecticut Data Privacy Act (CTDPA): Senate Bill 4 (SB 4) and House Bill 5222 (HB 5222). SB 4 (which was signed into law on May 27, 2026) and HB 5222 (which amends parts of SB 4 and was signed into law on
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“Shadow AI” Triggers First SEC Form 8-K for Unauthorized AI Use: What Financial Institutions and Public Companies Need to Know
By Demian Ahn & Tony Misher
Key Takeaways
- CB Financial Services, Inc. filed the first SEC Form 8-K under Item 1.05 triggered by an unauthorized use of an artificial intelligence (AI) tool, not an external cyberattack.
- A cybersecurity incident caused by insider misuse of AI (known as Shadow AI) should be assessed for disclosure under SEC rules.
- The four-business-day disclosure clock
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Draft Guidelines Clarify Which AI Systems Are “High-Risk” Under EU AI Act
The European Commission has published draft guidelines (Draft Guidelines) to clarify the classification of high-risk AI systems under the European Union’s Artificial Intelligence Act (EU AI Act). This classification is crucial, as it determines whether an AI system will be subject to the EU AI Act’s most burdensome obligations. The Draft Guidelines provide general principles…
Colorado Legislature Repeals and Replaces Colorado AI Act: What SB 189 Means for Your Business
On May 14, 2026, Colorado Governor Jared Polis signed SB 189 into law, which repeals and replaces the Colorado Artificial Intelligence Act (CAIA). SB 189 goes into effect on January 1, 2027.
Key Takeaways
- SB 189 pivots away from the CAIA’s focus on artificial intelligence (AI) governance and algorithmic discrimination and instead provides for a
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Consumer Protection Update: Insights into the First Year of the Trump-Vance FTC
In its first year under the Trump-Vance administration, the Federal Trade Commission (FTC) has aggressively enforced consumer protection and privacy laws and initiated new rulemakings. Although the new rulemaking activity is somewhat surprising in a Republican administration, the FTC has expressed its intent to conduct a more rigorous economic analysis of the effects of any…
EU AI Act Undergoes Significant Changes
On May 7, 2026, EU legislators reached a political agreement to amend the EU Artificial Intelligence Act (AI Act), with significant implications for AI companies operating in the EU. The most important changes are:…
Recent AI Regulatory Developments in the United States
While the EU Artificial Intelligence (AI) Act has set forth a relatively uniform framework for AI regulation in the EU, U.S. AI regulation has so far primarily consisted of a patchwork of state laws—which continue to evolve at a rapid pace. Despite the Trump administration calling for Congress to pass AI legislation that would preempt…
What’s Next for Age Assurance Laws in Europe?
Developments in law, regulatory guidance, and enforcement practice across Europe are leading to meaningful changes in how online services are offered to minors. A steady stream of announcements in recent months makes clear that this area will continue to develop at pace, requiring providers of online services to keep their approach to age assurance under…
CMA Drives On with New Consumer Protection Powers: CMA Secures Consumer Refunds and Issues Fines over Drip Pricing
On April 15, 2026, the UK Competition and Markets Authority (CMA) issued a Final Infringement Notice to two major UK driving-school businesses owned by British motoring association, the AA. The notice—which was issued following a settlement with the AA—marks the CMA’s first direct enforcement action for a substantive breach of consumer law under the UK’s…
President Trump Issues a “Cyber Strategy for America” and an Executive Order on Combating Cyber-Enabled Crime
By Demian Ahn, Seth Cowell & Timothy Cox
Key Takeaways
- The newly announced “Cyber Strategy for America” (Cyber Strategy) marks an expansion and tonal shift from the previous National Cybersecurity Strategy, emphasizing a proactive stance against foreign adversaries and cybercrime through offensive operations and enhanced collaboration with the private sector.
- While the Cyber Strategy does not impose direct obligations on businesses, it signals
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