Gramm Leach Bliley Act

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.
Continue Reading Mortgage Broker Settles FTC Privacy Charges That It Improperly Disclosed Consumer Information on Review Site

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.
Continue Reading Oregon Extends Data Breach Notification Requirements to Include Third-Party Vendors

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.
Continue Reading Nevada Law Provides Consumers with Limited Right to Opt Out of Sale

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.
Continue Reading CCPA Amended: Enforcement Delayed, Few Substantive Changes Made

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.
Continue Reading FTC Approves Settlement with PayPal Regarding Alleged Venmo Privacy Misrepresentations

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.
Continue Reading FTC Announces Settlement for Venmo’s Alleged Violations of the GLBA’s Privacy and Safeguards Rules

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.
Continue Reading FTC Announces Settlement with Tax Prep Service over Financial Privacy and Security Violations