CFPB Launches New Rule for Data Brokers
The Consumer Financial Protection Bureau (CFPB) is making significant strides with a rule that will regulate data brokers. This forward-thinking initiative is set to bring about a new era of transparency and accountability in the financial sector, with a strong focus on consumer protection. The CFPB's efforts, driven by a growing concern over unchecked data collection practices, are poised to set more precise guidelines that will foster safer industry practices, instilling a sense of optimism for the future of data management.
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