As reported on our Hunton Retail Law Resource blog, on January 7, 2020, the Federal Trade Commission announced a settlement with Mortgage Solutions FCS, Inc., and its sole principal, Ramon Walker, to resolve allegations that the lender violated the FTC Act, the Fair Credit Reporting Act and the Gramm-Leach-Bliley Act, by improperly disseminating consumers’ personal information on Yelp in response to consumers’ negative reviews posted to that site.
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Gramm Leach Bliley Act
New York Amends Breach Notification Law
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On July 25, 2019, New York Governor Andrew Cuomo signed into law Senate Bill S5575B, an amendment to New York’s breach notification law. This blog entry provides an overview of the changes.…
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Oregon Extends Data Breach Notification Requirements to Include Third-Party Vendors
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On May 24, 2019, Oregon Governor Kate Brown signed into law Senate Bill 684, which extends Oregon’s data breach notification requirements to include third-party vendors. This blog entry provides an overview of the bill.…
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Nevada Law Provides Consumers with Limited Right to Opt Out of Sale
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Posted in Online Privacy, U.S. State Law
On May 29, 2019, Nevada’s governor approved SB 220, which provides amendments to an existing law that requires operators of websites and online services to post a notice on their website regarding their privacy practices. This blog entry provides a summary of the Amendment Bill.…
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FTC Proposes Changes to GLB Privacy and Safeguards Rules
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Posted in Financial Privacy, U.S. Federal Law
On March 5, 2019, the Federal Trade Commission announced that it is seeking comment on proposed changes to the FTC’s Safeguards Rule and Privacy Rule under the Gramm-Leach-Bliley Act.…
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CCPA Amended: Enforcement Delayed, Few Substantive Changes Made
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Posted in Online Privacy, U.S. State Law
On August 31, 2018, the California State Legislature passed SB-1121, a bill that delays enforcement of the California Consumer Privacy Act of 2018 and makes other modest amendments to the CCPA. The CCPA introduces key privacy requirements for businesses and its provisions will become operative on January 1, 2020.…
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FTC Approves Settlement with PayPal Regarding Alleged Venmo Privacy Misrepresentations
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On May 24, 2018, the Federal Trade Commission granted final approval to a settlement with PayPal, Inc., to resolve charges that its peer-to-peer payment service, Venmo, misled consumers regarding certain restrictions on the use of its service, as well as the privacy of transactions. …
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FTC Announces Settlement for Venmo’s Alleged Violations of the GLBA’s Privacy and Safeguards Rules
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On February 27, 2018, the FTC announced an agreement with PayPal, Inc., to settle charges that its Venmo peer-to-peer payment service misled consumers regarding privacy and the extent to which consumers’ financial accounts were secured. This signals a renewed focus by the FTC on violations of the Gramm-Leach-Bliley Act’s Privacy and Safeguards Rules.…
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FTC Announces Settlement with Tax Prep Service over Financial Privacy and Security Violations
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On November 8, 2017, the FTC announced a settlement with Georgia-based online tax preparation service, TaxSlayer, LLC, regarding allegations that the company violated federal rules on financial privacy and data security. The FTC charged TaxSlayer with violating the Gramm-Leach-Bliley Act’s Safeguards Rule and Privacy Rule. …
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New Mexico Enacts Data Breach Notification Law
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On April 6, 2017, New Mexico became the 48th state to enact a data breach notification law, leaving Alabama and South Dakota as the two remaining states without such requirements. The Data Breach Notification Act (H.B. 15) goes into effect on July 1, 2017. …
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