Insights on online privacy,Nicole Friess

Boris Segalis, broker, data protection, dealer, financial privacy, InfoLawGroup, information law group, information security, Nicole Friess, privacy, privacy assessment, privacy enforcement, privacy rule, Regulation S-P, Regulation SP, Safeguards Rule, SEC, Securities and Exchange Commission

Federal Privacy Enforcement Update: SEC Fines Executives for Privacy and Security Violations

By InfoLawGroup LLP on April 13, 2011

As we have reported previously on our blog, federal agencies, including the FTC, NLRB and EEOC have been very active in taking action against privacy and information security violations. This trend continues with the Securities and Exchange Commission's (SEC's) recent announcement of a settlement with three former executives a brokerage firm (GunnAllen Financial, Inc.). The SEC alleged that the former executives violated the Commission's Privacy Rule and Safeguards Rule (Regulation S-P) and aided and abetted the firm in violating these rules. This enforcement action marks the first time the SEC assessed financial penalties against individuals charged solely with violating Regulation S-P.

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FTC's Report on Privacy Sets Forth Framework for Consumers, Businesses and Policymakers

By InfoLawGroup LLP on December 01, 2010

On December 1, 2010, the Federal Trade Commission issued a preliminary report entitled "Protecting Consumer Privacy in an Era of Rapid Change, A Proposed Framework for Businesses and Policymakers". The report proposes a framework to balance the privacy interests of consumers with innovation that relies on consumer information to develop beneficial new products and services.

FTC, Leibowitz, online privacy, opt-in, opt-out, personal information, privacy, reasonable expectation, self-regulatory, Vladeck

Are We Living in a Post-Disclosure, Opt-In World?

By InfoLawGroup LLP on January 11, 2010

Today's New York Times Media Decoder Blog features an "on-the-record" discussion with Federal Trade Commission chairman Jon Leibowitz and Bureau of Consumer Protection chief David Vladeck. The question presented: "Has Internet Gone Beyond Privacy Policies?" The FTC (and Congress, for that matter) continue to signal that change may be imminent in the world of online privacy policies and traditional notions of opt-out consent.