Complying With California’s Venture Capital Companies Diversity Data Reporting Program (SB 54)
Event summary
Join us for a discussion on California’s Fair Investment Practices by Venture Capital Companies Law (FIPVCC), commonly referred to as SB 54. This law requires certain venture capital companies (including venture capital funds) with a California nexus to register with the California Department of Financial Protection and Innovation by March 2026, and to collect and annually report, starting in April 2026, anonymized, aggregated demographic data about the founding team members of businesses they invest in.
Our multidisciplinary panel will:
- Go over which entities are covered.
- Detail the registration, surveying and reporting requirements.
- Provide practical guidance on data collection, privacy and nondiscrimination considerations.
To learn more about California’s FIPVCC, check out this Cooley client alert, which includes upcoming deadlines and resources.
Panelists
- Selin Akkan – Partner, Cooley
- Jennifer Barnette – Special Counsel, Cooley
- Michael Egan – Partner, Cooley
- Katia MacNeill – Special Counsel, Cooley
For more information, please email Ron Page.
Related Contacts
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