The CFPB has a data privacy blind spot ...Middle East

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The CFPB has a data privacy blind spot
The safety and security of your personal financial data is a top priority for America’s leading banks, and it should be for the Consumer Financial Protection Bureau (CFPB) too. Unfortunately, the CFPB tasked with protecting consumers and promoting fair competition may be missing the mark with its implementation of “Section 1033” – a little-known provision of the Dodd-Frank Act that could have sweeping implications for the financial services marketplace and consumers alike. Passed into law more than a decade ago, Section 1033 was intended to ensure consumers were able to access their own personal information held by their financial services provider. But this language was written well b

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