AFSA this week attended the US Chamber of Commerce’s Data Done Right Conference, where elected officials, chief regulators, business executives, and leaders of consumer privacy groups spoke about the state of data privacy today and the need for a national data privacy law to avoid a patchwork of state laws. Data privacy was thrust into the forefront of the national policy debate last year after the California legislature passed the California Consumer Privacy Act (CCPA), the nation’s first broad consumer privacy law. The CCPA gave the state Attorney General authority to promulgate rules on the CCPA. As part of the rulemaking process, the Attorney General took comments from interested parties and hosted multiple public forums about the law in the spring. AFSA's State Government Affairs team attended hearings in Los Angeles and Riverside and submitted comments detailing the association's concerns with the law.
Over this legislative season, numerous states introduced more than 30 bills that would institute broad measures similar to the CCPA. Thus far, only Maine and Nevada have passed new consumer privacy laws, both of which are more limited in scope than the CCPA.
There has also been momentum to pass a national data privacy law, which would avert a “patchwork” of state-level laws, in which each state would have their own data privacy standard. During the conference keynote keynote, Californians for Consumer Privacy founder and chief architect of the CCPA Alastair MacTaggart opposed any clause that would allow a federal law to preempt state laws like the CCPA. He noted that any national data privacy law should just represent a “floor” for privacy that would allow states to institute additional protections. Representatives of the business community overwhelmingly supported having one single national standard in order to avert major compliance issues posed by a patchwork system.
AFSA submitted a letter to the Federal Trade Commission on June 30 on the necessity for a “single, federal, risk-based standard” for data privacy.
AFSA this week attended the US Chamber of Commerce’s Data Done Right Conference, where elected officials, chief regulators, business executives, and leaders of consumer privacy groups spoke about the state of data privacy today … Read the rest
Join us July 25th at 2 p.m. ET for Opportunities in Used Vehicle Financing, presented by TransUnion.
Consumer demand for new vehicles has begun to wane, following years of rapid growth. This, coupled with an influx in off-lease vehicles, is… Read the rest
Yesterday’s announced settlement by the Consumer Financial Protection Bureau (CFPB) with a well-known debt-settlement provider – along with several other recent actions by the CFPB and the FTC against debt-settlement firms… Read the rest
The Consumer Financial Protection Bureau (CFPB) on June 25 held the first in its evolving symposia series, dealing with the term “abusive” and if the Bureau should use its rulemaking authority to further define the term. The … Read the rest
Federal regulators started pushing large banks to offer small-dollar loans to customers as an alternative to payday loans last year. A Bloomberg BGov article yesterday quotes analysts and large banking institutions saying, essentially… Read the rest
Complaints about robocalls continue to rise, and occur seemingly anywhere, at any time. Members of Congress say they hear about the robocall problem in town hall events back in their districts. It’s no different at the regulatory agencies… Read the rest
The Consumer Financial Protection Bureau’s Office of Research has released a study on consumer credit card payment behavior. The study examines whether consumer pay off their balances monthly, retain a balance from one month to the… Read the rest
Join us July 25th at 2 p.m. ET for Opportunities in Used Vehicle Financing, presented by TransUnion.
Following years of rapid growth, waning demand for new vehicles coupled with an influx in off-lease vehicles is driving focus toward used … Read the rest
Following up on presentations made at AFSA’s May committee meetings, the AFSA Operations and Regulatory is creating the California Consumer Protection Act Working Group.
“The purpose of the group is to give AFSA members focused… Read the rest
AFSA submitted a letter to the Federal Trade Commission (FTC) on June 30 in response to the commission’s hearings on competition and consumer protection in the 21st century. The letter lays out the necessity for a “single, federal,… Read the rest
