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Notably, though, the CFPB’s proposed rule may be dead on arrival. The proposed rule has a 90-day comment period, which will bring the rule’s enactment into the next administration.
The CFPB defines data brokers as companies that collect, aggregate, sell, or share information about consumers, such as credit, criminal, and rental histories.
The CFPB plans to publish an outline of proposals and alternatives under consideration for a proposed rule in September. The proposed rule is expected to be released for public comment in 2024.
LOS ANGELES - The Consumer Financial Protection Bureau (CFPB) has withdrawn a proposed rule designed to limit how U.S. data brokers collect and sell Americans' sensitive personal information, the ...
The Consumer Financial Protection Bureau (CFPB) is considering new rules to crack down on data brokers amid a wider push to reduce risks from the rapidly expanding capabilities of artificial intell… ...
The CFPB proposal is part of a broader campaign, including a Justice Department move in October to block access to Americans’ personal data by Russia, Iran and China, among other “countries of ...
The CFPB's Data Broker Rule Just Begs for DOGE Analysis . By David Williams December 11, 2024 ...
WASHINGTON — The Consumer Financial Protection Bureau has proposed a new rule requiring data brokers to comply with the Fair Credit Reporting Act, part of a flurry of last-minute rulemaking at the ...
Commentary CFPB Proposes Rule to Regulate Data Brokers Selling Sensitive Information 5 minute read January 14, 2025 By Alexander F. Koskey Matthew G. White ...
CFPB Takes Aim at Data Brokers in Proposed Rule Amending FCRA by: A.J. S. Dhaliwal, Mehul N. Madia, Maxwell Earp-Thomas of Sheppard, Mullin, Richter & Hampton LLP - Consumer Finance and Fintech Blog ...
Data brokers have been getting away with selling Americans’ personal and financial data without adequate protections, an illegal practice that a new rule proposed by the Consumer Financial Protection ...