On December 28, 2012, President Obama signed into law the Trade Secrets Clarification Act to ensure that the Economic Espionage Act will cover trade secret violations for products or services used or “intended for use” in interstate commerce or foreign commerce.

The Senate passed the legislation in November and the House of Representatives approved the legislation earlier this month.

Continue Reading President Obama Signs Trade Secrets Clarification Act and House of Representatives Considers Enhancing Economic Espionage Act Penalties