You don't really know what data is out there,” Kain said. The proposed rule would require brokers to comply with some of the same regulations credit bureaus must follow. For example, data ...

US credit agencies are already required to abide by such regulations under the Fair ... Added Vitka: “By withdrawing the CFPB’s data broker rulemaking, the Trump administration is ensuring ...

The CFPB's proposed rule, "Protecting Americans From Harmful Data Broker Practices" would have amended Regulation V, which implements the FCRA. Third-party data brokers objected to the rule, arguing ...

The proposed rule would enforce regulations under the Fair Credit Reporting Act on data brokers. The Consumer Financial Protection Bureau (CFPB) proposed a Tuesday rule limiting data brokers ...

The bureau in April said it is “assessing” the rule with an eye toward retooling it. The CFPB later said it wouldn’t enforce ...

“Until the CFPB revisits data broker regulation, consumers remain the last line of defence against identity exploitation,” said Gogia. “Digital literacy is no longer optional—it’s ...

Under the proposed rule, data brokers that ... information. The regulation is targeting private companies, not government operations. During a Monday press call, a CFPB spokesperson said the ...

Consumer data must be protected ... unnecessary, and harmful regulations that are unlikely to see the light of day, the CFPB is squandering resources that could be better utilized elsewhere.

Late last year, the CFPB proposed a rule to expand the application of the Fair Credit Reporting Act (FCRA) and Regulation V to additional uses of consumer information. Data brokers would be ...