Supreme Court Maintains California Financial Privacy Law

Today the Supreme Court denied review of the California law that provides customers with privacy safeguards for financial data. The law limits the sale of personal information by financial firms to affiliates, and imposes opt-in requirements. The Ninth Circuit upheld substantial portions of the California Financial Information Privacy Act. EPIC filed a brief in that case favoring the law. Financial firms argued that the California statute conflicts with other federal rules. The Justice Department recommended that the Supreme Court leave the state statute in place. See EPIC ABA v. Brown and EPIC Privacy and Preemption Watch.

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