by Eric J. Ellman | Feb 27, 2023
In February 2023, the chairman of House Financial Services, Patrick McHenry (R-NC) introduced H.R. 1165, the Data Privacy Act of 2023. As noted in a press release, “this legislation modernizes financial data privacy laws and gives consumers more control over how...
by Eric J. Ellman | Feb 27, 2023
In February 2023, the Congressional Research Service released a report, Banking, Data Privacy, and Cybersecurity Regulation. The report has this introduction: Financial data contains significant amounts of sensitive information, and ensuring the privacy of such data...
by Eric J. Ellman | Nov 7, 2021
In November 2021, the FTC issued a final rule updating the Safeguards Rule. The FTC issued a supplemental notice of proposed rulemaking announcing that it was “seeking comment on whether to make an additional change to the Safeguards Rule to require financial...