NYDFS Proposes Cybersecurity Requirements for Financial Services Companies

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On September 9, 2016, the New York Department of Financial Services (NYDFS) proposed a long-awaited regulation setting out cybersecurity requirements for financial services companies, including any company authorized to operate pursuant to a “license, registration, charter, certificate, permit, accreditation or similar authorization” under the insurance law.

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The Development of U.S. Sentencing Reform

The provisions on sentence reduction in the Model Penal Code: Sentencing project have recently played a key role in federal sentencing reform efforts. In one case a federal task force on corrections credited the ALI for one of its recommendations; in another. the U.S. Sentencing Commission expanded its policy on sentence reduction after hearing testimony from two Advisers to the MPC project.

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