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On June 28, 2018, the Governor of California signed the California Consumer Privacy Act of 2018. The Act introduces key privacy requirements for businesses, and was passed quickly by California lawmakers in an effort to remove a ballot initiative of the same name from the November 6, 2018, statewide ballot. The Act will take effect January 1, 2020.
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On November 6, 2018, California voters will consider a ballot initiative called the California Consumer Privacy Act. The Act is designed to give California residents the right to request from businesses the categories of personal information the business has sold or disclosed to third parties, with some exceptions.
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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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