Proposed Amendment of Regulation F, 12 C.F.R. pt. 1006

Comments of EPIC on CFPB Request for Information Regarding Data Brokers and Other Business Practices Involving the Collection and Sale of Consumer Information

July 14, 2023

Data brokers can and should be regulated under the FCRA, CFPA, and similar laws, and EPIC urges the CFPB to adopt an expansive definition of data broker misconduct to capture the variety of harmful activity that data brokers undertake; shift the regulatory burden from individual consumers exercising their rights to data brokers and other entities profiting off harmful data collection and use; coordinate efforts with the FTC to prioritize data minimization and data security within its regulations; and clarify its interpretations of FCRA provisions and definitions using illustrative examples.

Consumer Privacy
Data Brokers
Comments

CFPB Fines Bank $37.5MM for Accessing, Misappropriating Personal Data to Open New Accounts

July 28, 2022

The Consumer Financial Protection Bureau (CFPB) issued a consent order against U.S. Bank National Association (U.S. Bank), the fifth largest bank in the United States, for exploiting consumers' personal data without authorization.

Consumer Privacy
Data Protection
Enforcement of Privacy Laws
Updates

Request for Information on the Equal Credit Opportunity Act

October 2, 2020

Artificial Intelligence and Human Rights
Government AI Use
Screening & Scoring
APA Comments