In the report issued by the FTC yesterday, the FTC calls on Congress to consider enacting targeted legislation to provide greater transparency for, and control over, the practices of information brokers and to allow consumers to access their data maintained by information brokers. The FTC notes that Congress could model any such legislation on a bill that the House passed during the 111th Congress, as well as similar bills introduced in the 112th Congress. These bills included some data accuracy and access provisions that were targeted specifically to information brokers. The bills are detailed in this blog entry.
FTC Chairman Leibowitz: “Congress needs to fix the unintended consequences of the legislation establishing the Red Flags Rule – and to fix the problem quickly.”
The Personal Data Privacy and Security Act (“PDPSA”), recently reintroduced by Sen. Patrick Leahy (D-VT) and referred to the Senate Judiciary Committee proposes comprehensive federal regulation of data broker services. While enactment of the PDPSA remains uncertain, the draft legislation may presage future legislative and regulatory trends. Comprehensive Federal Regulation of “Data Brokers” Title II [...]