Compliance Now

Bringing clarity and insight to the consumer protection regulations impacting your business

Apr 04, 2019

Eyeing Consumer Data Privacy, FTC Seeks Comment on Safeguards and Privacy Rules

The Federal Trade Commission (FTC) has announced that it is seeking comment on proposed changes to rules promulgated under the Gramm-Leach-Bliley Act (GLB). GLB requires companies that offer consumer financial products or services, like loans, to explain their information sharing practices to their customers and to safeguard sensitive data. The FTC’s request for comments specifically affects two rules under the [...]

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Mar 18, 2019

RMAI Launches Financial Literacy Resource for Adults and Children

Receivables Management Association International (RMAI) has launched a comprehensive and engaging online resource for financial success. FinancialLiteracy.ROCKS allows everyone from beginning learners through experienced consumers to explore a wide range of topics on financial literacy. Using a variety of entertaining videos, instructional programs, interactive games, and comprehensive overviews, the website expands on and provides updated information, resources, and enhanced navigation [...]

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Mar 12, 2019

Washington Senate Approves Sweeping Data Privacy Bill

The Washington State Senate passed SB 5376, the Washington Privacy Act (WPA), by a 46-1 vote.  The bill now moves to the State’s House of Representatives for consideration. The bill is poised to be perhaps the strictest data privacy law in the United States, mimicking the European Union’s General Data Privacy Regulation (GDPR) in many ways. As previously discussed, the [...]

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Mar 07, 2019

Attorneys General Launch New Consumer-Focused Website

State attorneys general are stepping into the consumer complaint and education arena boldly with their new national website. The National Association of Attorneys General (NAAG) and its Center for Consumer Protection recently launched a comprehensive consumer-focused website. The site is designed to be a national hub of consumer protection information and resources for consumers from state and territory attorneys general. ConsumerResources.org [...]

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Mar 05, 2019

Former Illinois Consumer Protection Chief Appointed Secretary of Department of Financial & Professional Regulation

The new governor of Illinois has wisely chosen former Illinois Attorney General Consumer Protection Chief Deborah Hagan as Secretary of the Illinois Department of Financial & Professional Regulation. Hagan, a 36-year veteran of the Illinois Attorney General’s office, headed up the Consumer Protection division at the office. She specialized in areas including mortgage protections, student loan servicing, debt collection and [...]

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Feb 22, 2019

Washington State Introduces Comprehensive Data Privacy Legislation

The State of Washington has officially joined the national conversation on data privacy regulation. On January 17, 2019, the Washington Senate proposed SB 5376, the Washington Privacy Act (WPA), which would impose responsibilities on companies to protect the privacy of “personal data.” The bill’s substantive provisions closely mirror those found in the European Union’s General Data Protection Regulation (GDPR), making [...]

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Feb 21, 2019

FTC Refuses to Modify CAN-SPAM Rules in Light of Review

The Federal Trade Commission (FTC) has completed its review of the CAN-SPAM Rule and concluded by a vote of 5-0 that the rule should be retained with no changes or modification. What is the CAN-SPAM Rule? The CAN-SPAM Rule was adopted in 2008 and requires companies that send unsolicited marketing emails to identify these message as an advertisement, contain accurate [...]

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Feb 18, 2019

Attorneys General Urge FTC to Retain and Modernize Identity Theft Rules

On February 11, 2019, a coalition of 31 state attorneys general sent a letter to the FTC urging the Commission to retain its “Identity Theft Rules,” also referred to as the “Red Flag Rules.” Led by Oregon AG Ellen Rosenblum, the letter further requests the FTC update the Rules in light of technological advancements and the increasingly sophisticated tactics of [...]

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Jan 31, 2019

A Dozen States Join Forces to File First Multistate Data Breach Lawsuit

Twelve state attorneys general recently joined forces to file the first-ever multistate data breach lawsuit. In 2015, Medical Informatics Engineering and its subsidiary, NoMoreClipboard (collectively “MIE”), announced that its systems had been hacked and the information of about 3.9 million patients had been compromised. The stolen information included not only individual names, addresses, and Social Security numbers, but also health [...]

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Jan 23, 2019

Marco Rubio Introduces Federal Data Privacy Legislation

U.S. Senator Marco Rubio (R-Fla.) recently introduced the American Data Dissemination Act (“ADD”), which targets businesses that collect personal data through the internet. Considering the lack of federal regulation in this area, a federal bill has been anticipated for some time. The ADD is largely seen as a response to California’s Consumer Privacy Act (“CCPA”), a GDPR-style law that places [...]

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