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Consumer Financial Protection Bureau's Proposed Data Rules

2 pointsby todd-daviesover 1 year ago

1 comment

todd-daviesover 1 year ago
> In October, the Consumer Financial Protection Bureau (CFPB) proposed a set of rules that if implemented would transform how financial institutions handle personal data about their customers. The rules put control of that data back in the hands of ordinary Americans, while at the same time undermining the data broker economy and increasing customer choice and competition. Beyond these economic effects, the rules have important data security benefits.