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PRIVACY POLICY

--------------------------------------------------------------------------------

The Bureau of National Affairs, Inc. and certain of its affiliates and
subsidiaries, including BLAW LLC and BGOV LLC, etc., (together, “Bloomberg
Industry Group”) respect the privacy rights of our users and are strongly
committed to protecting your privacy. This Privacy Policy applies to personal
information collected through this web site (“this Site”) and other Bloomberg
Industry Group web sites and products or services provided by Bloomberg Industry
Group, including by providing a link to this Privacy Policy or otherwise
displaying these terms.  Some of these sites include Bloomberg Law, Bloomberg
Tax, and Bloomberg Government.

Data We Collect

How We Use, Share & Secure Information

Your Choices & Rights

Cookies Policy

CA Privacy Rights

Questions and Other Important Info






PERSONAL INFORMATION WE COLLECT

Bloomberg Industry Group, or where relevant a designated service provider,
collects personal information through this Site, such as during registration,
when you request certain services or products, or submit information to enter a
sweepstakes, contest, or other promotion, or complete a survey or poll, which
may include:

 * Your name, phone number, email address, work address, or other contact
   information
 * Signature, online identifier, Internet Protocol address, or other similar
   identifiers
 * Account login credentials (i.e. usernames & passwords), user content, usage
   information, browsing history, search history, and preferences
 * Professional, education, and employment related information (i.e. job title,
   professional background, etc.)
 * Demographic information

If you do not provide certain personal information, not all functionality on
this Site will be available.

Personal Information is obtained directly from you, from others authorized to
provide the information, such as from your employer or educational institution,
from activity on this Site, and from other parties with whom we work, such as
service providers, business partners, advertisers, advertising technology
providers, advertising servers, data analytics providers, and social networks.
Do not provide information about others unless you are authorized to do so and
you and those persons agree to have all information used, disclosed, and
transferred in accordance with this Privacy Policy. By submitting the
information about others, you represent and warrant that you are authorized to
do so and that you have received authorization from the person about whom you
are providing the information and that person has consented to have all
information used, disclosed, and transferred in accordance with this Privacy
Policy.





HOW WE COLLECT AND USE YOUR PERSONAL INFORMATION

Bloomberg Industry Group uses this information for carefully considered business
purposes which also benefit our customers, and which include some or all of the
following:

 * to provide and facilitate our products and services
 * to operate our services, products, and systems properly
 * to provide more relevant products and services
 * to communicate with you
 * to help Bloomberg Industry Group improve, upgrade or enhance our products and
   services and develop new products and services
 * to provide support for our products and services, and for Bloomberg Industry
   Group internal quality control purposes
 * to maintain the quality and safety of our products and services, and for
   internal quality control purpose including debugging to identify and repair
   errors that impair existing intended functionality
 * to provide you with offers and promotions about services and products of
   Bloomberg Industry Group or of other parties that may be of interest to you
 * to enhance your experience with this Site, including to save your preferences
   and login information, and providing customized content
 * to analyze web site usage and analyze use of the Site
 * to identify and analyze product or service usage metrics and/or trends (e.g.
   pages visited, functions used, etc.) and develop data analysis, including for
   research, audit, reporting or other business operation purposes
 * to protect the interests, rights, safety, or property of Bloomberg Industry
   Group or others and to monitor compliance with and enforce any terms of any
   agreement with Bloomberg Industry Group
 * to monitor to detect security incidents and protect against malicious,
   deceptive, fraudulent, or illegal activity, and hold those responsible for
   that activity.

Additionally, some of our Sites have portions dedicated to a shared work space
into which you may input your work product. Bloomberg Industry Group does not
use or disclose any contents of the work product that you input into the shared
work space on this Site except to the extent you expressly permission us to do
so on your behalf.

You may instruct Bloomberg Industry Group at any time not to provide you with
offers and promotions using your personal information collected in connection
with the product you requested by clicking here. You can also update your
settings for receiving offers and promotions from Bloomberg Industry Group’s
affiliates, including Bloomberg L.P. and Bloomberg Finance L.P., by clicking
here.  Please also note that these processes may take some time to complete,
consistent with applicable law. Please note that if you exercise choice in this
manner, you will continue to receive communications concerning your account and
products and services you requested, and in response to any requests for
information by you.

To assist us with the uses described in this privacy policy, information we or
our designated service providers have collected about you through this Site,
including your use of this Site, may be aggregated, analyzed or enhanced with
personal or other information about you that we have from other sources.


USE OF COOKIES AND OTHER ELECTRONIC TECHNOLOGIES

Bloomberg Industry Group or a designated service provider may use “cookies,” web
server logs, web beacons, or other electronic tools to collect information about
you, such as your IP address, browser type, language, operating system, computer
platform, and the state or country from which you accessed this Site. Bloomberg
Industry Group or a designated service provider may also use cookies, web server
logs, web beacons, or other electronic tools to collect and compile statistical
and other information about your use of this Site and other websites and the
services provided on this Site, such as the web pages visited, the date and the
time of your visit, the web sites you visited immediately before and after
visiting this Site, the number of links you click within this Site, the
functions you use on this Site, the databases you view and the searches you
request on this Site, the data you save on or download from this Site, etc.

A cookie is a small text file placed on your computer. Most browsers are set to
accept cookies by default. If you prefer, you can usually set your browser to
disable cookies, or to alert you when cookies are being sent. The help function
on most browsers contains instructions on how to set your browser to notify you
before accepting cookies or to disable cookies entirely. However, note that this
Site will not function properly if you disable cookies.

Bloomberg Industry Group and its designated service providers may also place or
recognize unique cookies on your computer or use other electronic tools in order
to help display advertisements that you see on other websites. Information about
your visits to, and activity on, this Site and other websites, an IP address,
the number of times you have viewed an advertisement, and other such usage
information is used, alone or in combination with other information, to display
on your device screen advertisements that may be of particular interest to you.
The use and collection of your information by these service providers is not
covered by this Privacy Policy. To opt-out of advertising cookies placed by the
Network Advertising Initiative’s (“NAI”) members, and thereby limit the tracking
of your online activity and the targeted advertising, please click here. To
opt-out advertising cookies for Your Online Choices if you are based in the EU,
please click here. To opt-out of Google Ads, please click here.


DISCLOSURE OF YOUR PERSONAL INFORMATION

Bloomberg Industry Group may disclose the personal information it collects to
our affiliates (including affiliated websites and other products under common
ownership or control) and our designated service providers, including for the
purposes set out in this Privacy Policy, including to the party who authorized
your use of this Site, such as your employer or educational institution.
Bloomberg Industry Group may disclose to other third parties, including other
users of this Site, information about your use of this Site and on this Site or
other websites, but only in an aggregated and unattributed manner. Bloomberg
Industry Group may also share your personal information collected in connection
with the product you requested with a sponsor or other third party (“Third-Party
Providers”) that provides you with offers or promotions that may be of interest
to you. You may instruct Bloomberg Industry Group at any time not to share your
personal information collected in connection with the product you requested with
such Third Party Providers by clicking here.  Please note that (i) this process
may take some time to complete, consistent with applicable law; and (ii) even
after such process is completed, your personal information may continue to be
shared with our affiliates (including affiliated websites and other products
under common ownership or control) and designated service providers.

Bloomberg Industry Group may also disclose your personal information to
unaffiliated third parties if we believe in good faith that such disclosure is
necessary to: (a) comply with any applicable law, rule or regulation or in
response to a subpoena, court order, or other legal process; (b) protect the
interests, rights, safety, or property of Bloomberg Industry Group or others;
(c) monitor compliance with and enforce any terms of service on this Site; (d)
provide our services and products (including allowing a purchaser of Bloomberg
Industry Group to continue to serve you); (e) perform other activities related
to such services and products, including billing and collection; (f) provide you
with offers or promotions from Bloomberg Industry Group; or (g) operate the
systems that provide our services and products properly. In such an event,
Bloomberg Industry Group will use reasonable efforts to do the following:

 * Give the User reasonably prompt written notice of such requirement so that
   the User has an opportunity to comment thereon or object thereto and to
   preserve the confidential nature of the Customer Information and Personally
   Identifiable Information that Bloomberg Industry Group is required to
   disclose.
 * At the User’s expense, use commercially reasonable efforts to cooperate with
   any of the User’s efforts to preserve the confidential nature of the Customer
   Information and Personally Identifiable Information that Bloomberg Industry
   Group is required to disclose.

Please note, use and disclosure of personal information about former customers
is governed by this Privacy Policy in the same manner as current customers.
However, after the relationship ends, we may use such customer personal
information less and less over time. Any personal information contained in
Dockets will be treated consistent with the terms of this Privacy Policy.

The collection, further use, and/or disclosure of your information by
Third-party Providers or by other third parties is not the responsibility of
Bloomberg Industry Group.  Rather, such collection, use, and/or disclosure is
governed by the third parties’ privacy policies.


ACCURACY, SECURITY, AND RETENTION OF YOUR PERSONAL INFORMATION

Any of your personal information collected by Bloomberg Industry Group through
this Site is kept on secure servers. Bloomberg Industry Group uses security
measures appropriate to the provision of the relevant product or service, such
as reasonable administrative, technical, personnel, and physical measures to
protect your personal information on such servers. To help us protect your
privacy, you should maintain the secrecy of your username and password you set
up in connection with your participation in this Site’s service, if any.
Personal information is retained for as long as is necessary for the purpose for
which it is collected, including legitimate business reasons, and/or legal and
regulatory requirements.


PUBLIC RECORDS

Certain databases available to registered users of this Site may contain
personal information received from third party data suppliers. This personal
information is contained in public records, publicly available information, and
non-public information (collectively, “public records information”). Your use of
this information is restricted to specific, legitimate purposes, and such
information may not be used to violate any applicable laws, rules, or
regulations.


RIGHTS WITH RESPECT TO YOUR PERSONAL INFORMATION

Depending on the jurisdiction, you may have the right to access, correct,
delete, or restrict use of certain personal information covered by this Privacy
Policy. Depending on the jurisdiction, you may also have the right to request
that we refrain from processing personal information. Please bear in mind that
if you object this may affect our ability to provide our products and services.
For inquiries about your personal information, please contact us by clicking
here. While Bloomberg Industry Group will make reasonable efforts to accommodate
your request, we also reserve the right to impose certain restrictions and
requirements on such requests, if allowed or required by applicable laws. Please
note that it may take some time to process your request, consistent with
applicable law.

If you wish to access, correct, delete, or restrict use of your personal
information contained in public records information, you will need to contact
the third-party supplier of the information directly. If you have any questions
regarding public records information on this Site, please contact us at
privacy@bloomberglaw.com and include the name of the relevant website or product
in the Subject line of your inquiry.


YOUR CALIFORNIA PRIVACY RIGHTS

In addition, if you are a California resident, you may have the right,
consistent with this Privacy Policy and applicable laws to request:

 * certain information about our collection, use, sale, or disclosure of your
   personal information
 * deletion of your personal information collected or maintained by us
 * to opt-out of the sale of your personal information

You also have the right to not receive discriminatory treatment for exercising
these rights.

If you choose to exercise these rights, we ask you to provide sufficient
information, including the products and services you have used in the past, your
state and country of residence, and contact information, in order for us to
verify your identity and process your request. Depending on the types of
requests, additional information may be requested.

You may use an authorized agent to submit a request on your behalf related to
your personal information. If you choose to use an authorized agent, you should
supply your agent with written permission to act on your behalf in relation to
your request, and your agent must provide us with proof of such authorization
before we process your request.

To exercise a right related to your personal information, please contact us by
clicking here. If you are a California resident, Bloomberg Industry Group may
share personal information related to tailored advertising, including online
identifier, Internet Protocol address, and Internet or other electronic network
activity information, with third parties in ways that may constitute a “sale”
under the California Consumer Privacy Act of 2018, as amended, for the purposes
set out in this Privacy Policy. You may adjust your preferences related to
tailored advertising by using the designated mechanisms within Bloomberg digital
properties or by selecting the “Do Not Sell My Personal Information” option
in this form.

If you are a California resident, California Civil Code Section 1798.83 permits
you to request information regarding the disclosure of your personal information
by Bloomberg Industry Group to its affiliates and/or third parties for their
direct marketing purposes.

To make such a request, please send an email with your first name, last name,
mailing address, email address and telephone number to privacy@bloomberglaw.com.
Please include “California Privacy Rights” in the Subject line of your email.

You may also make such a request by writing to us at:

Bloomberg Industry Group
Attn: Office of the General Counsel
1801 South Bell Street
Arlington, Virginia 22202


TRANSFER OF YOUR PERSONAL INFORMATION TO OTHER COUNTRIES

Some of the uses and disclosures mentioned in this privacy policy may involve
the transfer and processing of your personal information to and in various
countries that may have different levels of privacy protection than your
country. By using our products and services, you consent to such transfers and
processing, including to and in the United States. Bloomberg Industry Group’s
Intra-Group Personal Data Protection Statement provides additional information
about the transfer of personal information from the EU, EEA, and Switzerland to
the United States and is available below.


LINKS TO THIRD-PARTY WEB SITES

Bloomberg Industry Group may provide links to third-party web sites. Since we do
not control third-party sites and are not responsible for any information you
may provide while on such sites, we encourage you to read the privacy policies
on those web sites before providing any of your information on such sites.


QUESTIONS REGARDING THIS PRIVACY POLICY

If you have questions regarding this privacy policy, please contact us at
privacy@bloomberglaw.com and include the name of the relevant web site or
product in the Subject line of your inquiry.  If you have complaints about
Bloomberg Industry Group’s processing of your personal information, you may have
the right to contact the applicable supervisory authority.


MODIFICATIONS TO THIS PRIVACY POLICY

Bloomberg Industry Group reserves the right to change this privacy policy at any
time by posting revisions on this web page.

Such changes will be effective upon posting.


INTRA-GROUP PERSONAL DATA PROTECTION STATEMENT

The Bureau of National Affairs, Inc. and its affiliates (“Bloomberg Industry
Group”) are committed to compliance with their privacy obligations in the United
States and throughout the world. This Intra-Group Personal Data Protection
Statement (“Statement”) sets out the privacy principles Bloomberg Industry Group
follows with respect to personal information that it transfers from the European
Union, European Economic Area, and Switzerland (collectively, “EU”) to the
United States (“U.S.”).

The relevant Bloomberg Industry Group companies have entered into an Intra-Group
Personal Data Protection Agreement (“IGA”) in order to ensure that
responsibility for personal information transferred from the EU to the U.S. is
clearly identified. The parties to the IGA are considered as data controllers,
or data controller and data processor under applicable law.

As relevant Bloomberg Industry Group companies are located in the U.S., the
group companies involved in the processing shall be known as a Data Exporter and
a Data Importer respectively, although there may be more than one company
involved in the processing of personal information.

The IGA incorporates unchanged EU Commission Standard Contractual Clauses for
controller to controller, and controller to processor transfers, and the
relevant Data Exporter and Data Importer will abide by these EU Commission
Standard Contractual Clauses where personal information is transferred to or
accessed from Bloomberg group companies in the U.S.


CONTACT INFORMATION

Questions or comments regarding this Statement should be submitted
to privacy@bloomberglaw.com.

Updated October 2021

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