News & Analysis as of

Gramm-Leach-Blilely Act Proposed Regulation

Hinshaw & Culbertson - Privacy, Cyber & AI...

FTC Overhauls Safeguards Rule Regarding Customer Information Applicable to Auto-Dealers and Other "Financial Institutions"

On October 27, 2021, the FTC announced that it intends to publish (1) a final rule to amend the Standards for Safeguarding Customer Information (Safeguards Rule); (2) a supplemental notice and request for public comment on...more

Ankura

Using the NIST Privacy Framework to Assess Privacy Risk and Build a Privacy Program

Ankura on

Since the General Data Protection Regulation (GDPR) went into effect in 2018, over half a dozen countries have passed similar privacy regulations and another few dozen have updated or proposed new privacy regulations. In the...more

Carlton Fields

Florida’s Legislature to Consider Consumer Data Privacy Bill Akin to California’s CCPA

Carlton Fields on

Florida lawmakers have proposed data privacy legislation that, if adopted, would impose significant new obligations on companies offering a website or online service to Florida residents, including allowing consumers to “opt...more

K&L Gates LLP

Proposed Regulations Under the California Consumer Credit Privacy Act

K&L Gates LLP on

On October 10, 2019, the California Attorney General issued proposed regulations under the California Consumer Privacy Act (CCPA). ...more

BCLP

What Will The Proposed New York Cybersecurity Requirements For Financial Institutions Really Make Companies Do?

BCLP on

In early September 2016, the New York Department of Financial Services (“DFS”) proposed a set of data security regulations (the “Proposal”) that would govern financial institutions, banks, and insurance companies subject to...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update: New York State Proposes Cybersecurity Regulation for Financial Institutions

New York state has proposed a new regulation — to go into effect January 1, 2017 — that would require banks, insurance companies and other financial services institutions regulated by the New York State Department of...more

Ballard Spahr LLP

CFPB confirms plans for auto finance larger participant rule in rulemaking agenda

Ballard Spahr LLP on

In the latest semi-annual update of its rulemaking agenda, the CFPB officially confirmed that it plans to propose a rule to define “larger participants of a market for auto lending.” ...more

Baker Donelson

CFPB's Proposed Rule Promotes More Efficient and Effective Privacy Disclosures

Baker Donelson on

The Consumer Financial Protection Bureau (CFPB) has proposed a rule that would promote more effective privacy disclosures from financial institutions to its respective customers. Currently, the Gramm-Leach-Bliley Act (GLBA)...more

Katten Muchin Rosenman LLP

CFPB Proposes Rule on Privacy Disclosures

On May 6, the Consumer Financial Protection Bureau (CFPB) proposed a rule that would allow institutions that limit their consumer data-sharing and meet other requirements to post their annual privacy notices online rather...more

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