News & Analysis as of

Data Security Rulemaking Process Regulatory Reform

Morrison & Foerster LLP

On Reconsideration: CFPB Issues Another ANPR on the Open Banking Rule

All signs had pointed to the Consumer Financial Protection Bureau (CFPB or “Bureau”) rolling back the open banking final rule implementing Section 1033 of the Dodd-Frank Act (12 U.S.C. § 5533) (“PFDR Rule”) promulgated by the...more

Sheppard Mullin Richter & Hampton LLP

CFPB Reopens Data Rights Debate with New 1033 Rulemaking

On August 21, the Consumer Financial Protection Bureau published an advance notice of proposed rulemaking (ANPR) in the Federal Register to reconsider its Personal Financial Data Rights Rule under Section 1033 of the...more

Proskauer on Privacy

FTC Seeks to Move Beyond Notice and Consent to Restrict Data Collection and Use

Proskauer on Privacy on

The FTC indicated that it will use its rulemaking authority under the FTC Act’s Section 18 to create a new rule that will likely seek to rein in broad data collection and use. ...more

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