Peter Machtiger

Peter Machtiger

WilmerHale

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New Legislation to Expand Privacy Obligations of Financial Institutions Introduced in Congress

On February 27, 2023, the Chairman of the House Financial Services Committee Patrick McHenry (NC-10) introduced the Data Privacy Act of 2023 (the Bill), which would amend the Gramm-Leach-Bliley Act (GLBA) to “modernize[]...more

3/10/2023  /  Consent , Consumer Privacy Rights , Data Collection , Financial Institutions , Gramm-Leach-Blilely Act , Opt-Outs , Personal Data , Personal Information , Preemption , Proposed Legislation
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