Calif. Bill Would Force Cos. To Hand Out Data-Sharing Info

Law360, New York (February 25, 2013, 6:09 PM EST) -- A California lawmaker on Friday proposed legislation that would tighten the state's landmark “Shine the Light” law by requiring companies to disclose more detailed information about their data-sharing practices and giving consumers the ability to say they were injured by subsequent violations.

The current law, which was enacted in 2005, requires companies to respond to requests from California residents about how their information is being collected and shared by disclosing only what data they have collected and shared with others for direct marketing purposes, such as...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.