New Telemarketing Rules? Parental Paparazzi? Cybersecurity? Call Me Maybe, It’s…

… Wednesday’s JD Supra Buzz. Here’s what we learned today in law, for your reading (and viewing) pleasure:

Think lawyers are no fun? Just try to keep from smiling (Allen Matkins) 

What’s on the mind of Congress and federal regulatory agencies? Cybersecurity (Gilbert LLP) 

The FCC’s new telemarketing rules have been approved and will go into effect soon (Davis Wright Tremaine) 

Teachers who agree to social networking relationships with the parents of their students may be opening their lives to the “parental paparazzi” (Franczek Radelet) 

According to one survey, nearly 1.2 million counterfeit sports jerseys were sold in 2011 (Lewis and Roca) 

The destruction of material evidence is no less illegal when it’s done by the government (Morgan Lewis) 

Chief Compliance Officers need to sit in the C Suite or compliance efforts just won’t work (Michael Volkov) 

The right social media policy could eliminate disputes over ownership of employee LinkedIn, Twitter, and other social networking accounts (Pillsbury) 

IRS rules requiring banks to report interest earned in non-U.S. taxpayer accounts go into effect next year (Bilzin Sumberg) 

The Department of Justice is going after a mortgage lender it claims engaged in “reckless origination and underwriting of FHA loans” (BuckleySandler) (Orrick) 

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